Ford’s idled Wixom assembly plant, once a showcase of the Lincoln brand, will be redeveloped into one of the US’ largest renewable energy manufacturing parks.

The automaker has agreed to sell the plant to Xtreme Power of Austin, Texas, and Clairvoyant Energy of       Santa Barbara, California, which will manufacture energy storage systems and high-efficiency solar panels at the site.

The pair plan an initial investment of US$725m to redevelop the 320-acre site and its 4.7m square feet of plant space.

The renewable energy manufacturing park is expected to create more than 4,000 jobs on site and in the surrounding area, as well as support thousands of indirect jobs, according to Ford.