- Staff Dayton Business Journal
Ford Motor Co. is investing $200 million and hiring 450 workers at an auto plant in Cleveland.
The automaker will boost production of its 2.0-liter EcoBlast engine at its Cleveland Engine Plant.
Production of the engine for North America is currently based in Valencia, Spain. The investment in Cleveland will shift North American production to Ohio, while the Valencia Engine Plant will remain the production location of the engine of Europe-built vehicles.
Valencia will continue to produce and ship parts for these engines to North America.
?Cleveland Engine Plant was the first to produce EcoBoost engines and will continue to be a cornerstone of Ford?s strategy to deliver affordable fuel economy for millions,? said Joe Hinrichs, Ford president of The Americas.
Related: Click for slideshow of best-selling new car makes in Dayton.
The investment in Ohio is the latest for global carmakers. Honda Motor Co. has made several key investments including $100 million into its engine plant in Anna and hiring 100 new workers there. The Anna plant ranks as the largest manufacturing facility in the Dayton region with about 2,400 workers.
General Motors also has invested in operations in Northeast Ohio, where it builds the Chevrolet Cruze, and Chrysler has invested in its Toledo-area operations.
Click here for more.