MAGA
Ford Motor Co. is adding 3,000 jobs at two factories in metro Detroit and investing $1.45 billion to build new pickups, SUVs, and electric and autonomous vehicles, bringing into clearer focus the $6 billion in investments promised in its new contract with the UAW.
The promised investment at the two plants comes with more than $35 million in tax incentives, most of which is related to a 10-year income tax capture valued at up to $26 million. The company's commitment, according to the Michigan Economic Development Corp., is to create or maintain at least 3,000 jobs with an average annual wage equal to or greater than $61,047, which is the regional average.
Ford to invest $1.45 billion in 2 metro Detroit plants, add 3,000 jobs
Ford Motor Co. is adding 3,000 jobs at two factories in metro Detroit and investing $1.45 billion to build new pickups, SUVs, and electric and autonomous vehicles, bringing into clearer focus the $6 billion in investments promised in its new contract with the UAW.
The promised investment at the two plants comes with more than $35 million in tax incentives, most of which is related to a 10-year income tax capture valued at up to $26 million. The company's commitment, according to the Michigan Economic Development Corp., is to create or maintain at least 3,000 jobs with an average annual wage equal to or greater than $61,047, which is the regional average.
Ford to invest $1.45 billion in 2 metro Detroit plants, add 3,000 jobs
