Ford has announced a $US200m investment in its Sharonville, Ohio, transmission plant for a future transmission that the automaker claims will make it a leader in high-performance, fuel-efficient powertrains.
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The investment will be used to retool the plant for flexible manufacturing and advanced powertrain production. Details of the transmission will be disclosed at a future date.
The investment is supported by a “significant” but undisclosed incentive package from the state of Ohio, Hamilton county and the city of Sharonville, Ford said.
“Sharonville is working hard to achieve world-class productivity levels,” said Ford head of North America Manufacturing Joe Hinrichs.
“We appreciate the show of support from the state and local governments, and the United Auto Workers [union], which is working with us to make our plants competitive.”
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