Ford Motor Company has announced plans to invest $1.2 billion in three different Michigan facilities. The bulk of the investment is attributed to the company’s planned return of the Ford Bronco and Ranger vehicles, both of which will be produced at the company’s Michigan Assembly Plant outside of Detroit.
In total, $850 million of today’s announcement is going towards the retooling of Michigan Assembly. The plan will begin producing the all-new Ranger at the end of 2018, while production of the Bronco will not begin until 2020. Ford says the changeover of the plant will take approximately four weeks once it begins in May 2018.
Another $150 million will go towards the upgrade of Ford’s Romeo Engine Plant, which will also produce engines for the Bronco and Ranger models. Romeo already produces engines for several Ford products and will begin retooling in mid-2018 for undisclosed engine components. The Romeo investment will also yield the creation of retention of 130 jobs, according to Ford.
The final element of today’s investment announcement is $200 million attributed to a new data center the company will build. According to Ford, the new data center will increase the company’s storage capacity from 13 petabytes today to a staggering 221 petabytes by 2021 as the company transforms to a mobility and services based organization.
Today’s announcement is in addition to a $700 million investment announcement Ford made in January for its Flat Rock Assembly plant, totaling $1.9 billion in investments Ford has committed to Michigan thus far in 2017.