Oct. 26, 2010 at 4:43 p.m.
Filed under:
Autos,
Jobs/employment
By Associated Press
Michigan’s auto industry could get a boost — including the possibility of more than 2,000 additional jobs at the Detroit area’s biggest carmakers — from projects assisted with state tax incentives announced Tuesday.
Ford Motor Co., General Motors Corp. and Chrysler Group LLC were among the 16 companies with projects granted tax incentives by a state board.
It’s not clear exactly how many new jobs might be created directly at the companies awarded the tax incentives. But the new jobs could top 2,000 with the Detroit-area automakers alone, if all projects — including some in the early stages — materialize as planned. Get the full story »
Oct. 25, 2010 at 4:26 p.m.
Filed under:
Autos,
Jobs/employment
By Dow Jones Newswires
Ford Motor Co. said Monday it will invest $850 million in some of its Michigan operations, which should help create up to 1,200 jobs in the state by 2013.
The additional investment will be made between 2011 and 2013, with most of the money funneled into expanding production of Ford’s 6-speed transmissions at two plants in Livonia and Sterling Heights. Investments will also be made at the company’s axle plant, also in Sterling Heights, and the Dearborn Truck plant, which produces the F-150.
The automaker expects to create about 900 jobs hourly jobs and 300 salaried positions. The state’s unemployment stood at 13 percent in September, making it the second highest in the nation behind Nevada.
This investment is in addition to the $950 million the company previously said it would spend to change its Michigan Assembly Plant from producing large sport-utility vehicles to cars such as the Focus, which arrives in show rooms next year.
