Ford invests $ 700 million in 2800 and consolidates Oakville jobs
The automaker Ford announced Thursday an investment of $ 700 million assembly plant in Oakville, Ontario, which consolidates more than 2,800 jobs.
The company BASED Dearborn, near Detroit, says that this injection of money by maximizing production capacity of the Oakville plant to reply to the rise in global demand she calls majeure.
The Oakville plant became one of the largest and most competitive in the Ford network.
The company will build several new international models after having modified production and have implemented measures greater efficiency. The plant will be able to align the production capacity of any vehicle Ford, from around the world.
The manufacturer says it currently uses nine international platforms in the world to build nearly 85 percent of its vehicles.
The investment announcement Thursday will also strengthen its capacities Ford research and development.
Source: Ford