Ford on Tuesday highlighted a total of $1.2 billion of commitments to Michigan factories, of which $850 million had been previously outlined. Ford also reaffirmed $150 million in spending it had outlined in that contract to expand another local engine plant. In addition, Ford again highlighted $700 million pledged in January to convert another Michigan plant to build electric and autonomous cars, creating 700 jobs. Ford in 2015 committed about $5 billion in investments for Michigan factories, including facilities making components. During that visit, Mr. Trump said to expect a big announcement coming from an auto maker.
Source: Wall Street Journal March 28, 2017 11:24 UTC