Ford Motor Company on March 9 announced a $200 million investment in the Sharonville Transmission Plant in Sharonville, Ohio, for a future transmission that will make Ford a leader in high-performance, fuel-efficient powertrains.
The investment will be used to retool the plant for flexible manufacturing and advanced powertrain production. Details of the transmission will be disclosed at a future date.
The investment is supported by a significant incentive package from the state of
“Sharonville is working hard to achieve world-class productivity levels,” said Joe Hinrichs, vice president, North America Manufacturing. “We appreciate the show of support from the state and local governments, and the UAW, which is working with us to make our plants competitive.”
