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Business

April 6, 2014

U.S. automaker revs up for launch

Ford invests $500 million, brings 300 jobs to Ohio plant

LIMA, Ohio — Standing in front of autoworkers and area government leaders, Ford President of The Americas Joe Hinrichs announced Ford Motor Co. will be building its new 2.7-liter V6 EcoBoost engine and adding 300 jobs at the Lima Engine Plant after investing nearly $500 million to upgrade the facility.

“It is my distinct pleasure and honor to officially announce the all-new 2.7-liter EcoBoost V6 with Auto Start-Stop technology for the next generation Ford F-150 will be built right here in Lima, Ohio, at the Lima Engine Plant,” Hinrichs said.

Hundreds applauded at the 700,000 square feet complex devoted to new engine’s production.

“We are proud to announce that Ford will invest $500 million and add 300 new jobs here as we ramp up production for the new engines in support of this great F-150 launch.”

The newly designed high-output, twin-turbo engine will consist of aluminum and a compacted graphite iron engine block to provide strength and durability while delivering fuel economy. Auto Start-Stop technology also should boost the engine’s fuel efficiency as it automatically turns the engine off when the vehicle stops and re-engages the engine when the driver releases the brake.

The engine is to be installed in roughly 25 percent of the new and lighter F-150, which is using a high-strength, military-grade aluminum alloy for the body to make the truck lighter, stronger and more resistant to dents. The change will help make the truck nearly 700 pounds lighter.

“It is very exciting to be adding the EcoBoost engine to the outstanding work you already do,” Hinrichs said.

“We know we can count on all of you to launch this engine of great quality, light-weight design at a volume we need to support our most important line at our company, the F-150.”

Lima Plant Manager Mike Felix said the announcement was “a day we have long awaited for.”

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