Ford confirmed Friday it plans to invest $2.5 billion to build new engines and transmissions in Mexico and will eventually hire an additional 3,800 workers in a move that underscores a movement of automotive investment south from Canada and and the U.S.
Ford said it will invest:
- $1.1 billion to build a new engine plant within its plant in Chihuahua, Mexico to build new gasoline engines. Those engines will be exported to the U.S., Canada, South America and the Asia-Pacific region for use in Ford's small car. That plant will employ . . .
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