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Ford announces $1.2 billion investment in US auto plants

Ford announces $1.2 billion investment in US auto plants

Wednesday, March 29, 2017, 10:48 AM

Ford announced that it will invest $1.2 billion in three Michigan plants, most of which is part of a 2015 deal with its workers. Ford said all but $200 million of the new investment was part of its labor contract with United Auto Workers, the union representing Ford plant employees, which secured a commitment for $9 billion in investments in US plants by 2019.
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