ANNOUNCED AS TEMPORARYNo
On March 28, 2017 the Michigan Strategic Fund approved a $10 million Business Development Program performance-based grant to Ford Motor Company. The company plans to expand its Flat Rock Assembly Plant to create a manufacturing innovation center capable of producing high-tech electrified and autonomous vehicles. The company also plans to manufacture a new autonomous vehicle, a new full electric small SUV and a hybrid Mustang. Michigan was chosen over competing sites in Mexico and other locations.
Ford also plans to invest in new manufacturing equipment and tooling related to the manufacture of two new vehicles at its Michigan Assembly Plant in the city of Wayne. In addition, the company plans to invest in new machinery and equipment to manufacture engine components at its Romeo Engine Plant, some of which will be supplied to the new vehicles produced at the Michigan Assembly Plant. As a result, the company has been awarded a $2 million MBDP performance-based grant. Michigan was chosen over competing sites around the world.
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