- Ford (F -1.3%) confirms it will invest $2.5B in engine and transmission plants in Mexico.
- Expansion at two existing plans and the development of a third new facility will create about 3.8K new jobs.
- The automaker manufactures conventional and hybrid Ford Fiesta, Ford Fusion, and Lincoln MKZ models in the region.
- Previously: Toyota to open first Mexico passenger car plant (April 14)
- Previously: Ford expected to invest $2.5B in Mexico plants (April 14)