Ford to invest $500M at Ohio engine plant

Karl Henkel

Ford Motor Co. will Friday announce plans to invest $500 million at its Lima, Ohio, engine plant to support production of a new, small six-cylinder EcoBoost engine for its new F-150.

Ford will add 300 jobs at the plant to manufacture a 2.7-liter EcoBoost engine that will be one of four available powertrains on its next-generation, aluminum-bodied F-150, which is scheduled to debut later this year.

“Our truck customers have spoken, and we continue to meet their evolving needs by providing another V-6 option in the all-new 2015 F-150,” said Joe Hinrichs, Ford’s President of The Americas, in a statement ahead of the announcement.

Source: 
The Detroit News