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Spotlight

Ford Chihuahua and Guanajuato

Tue, 09/01/2015 - 17:42

April 2015 was characterized by investment announcements in the Mexican automotive industry. On April 17, only two days after revealing another project for the state of Guanajuato, President Enrique Peña Nieto participated in the announcement of Ford’s plans for the country. “Today’s announcement is an important milestone in Ford’s 90-year history in Mexico,” stated Gabriel López, President and CEO of Ford Mexico. Currently, the country represents 8% of Ford’s global production, which translates to an investment of more than US$10 billion in Mexican components. With four manufacturing plants already in Mexico, 11,300 employees, and a production of 500,000 engines and 500,000 vehicles for the national and the international market, Ford is investing US$2.5 billion in three new projects in Chihuahua and Guanajuato. These will strengthen the company’s commitment to deliver fuelefficient engines and transmissions, creating 3,800 new jobs according to Joseph Hinrichs, Ford’s President of the Americas. “These new engines and transmissions will help deliver even better driving experiences and fuel economy gains for customers around the world,” says Hinrichs.

The first project the company is planning is the expansion of its current Duratec I-4 engine line in its 2.0- and 2.5-liter versions, as well as the Power Stroke Diesel 6.7-liter V8 and diesel 4.4-liter engine production in Chihuahua. This will require an investment of US$200 million and is expected to create a total of 500 new jobs. On the other hand, Ford’s second project will also take place in its Chihuahua site, where the company will build a new engine plant to manufacture gasoline-powered engines. The investment for this facility will amount to US$1.1 billion and will create 1,300 new positions. This investment will enable Ford to export its products to the US, Canada, South America, and the Asia-Pacific region to support its vehicle production. Furthermore, both projects will make Ford’s facility in Chihuahua the biggest engine plant in the country and one of the most important facilities for Ford, with a combined production capacity of one million units. In addition, the company plans to bring an all-new project to Irapuato, Guanajuato. Within the premises of its partner and transmission supplier Getrag, Ford will build its first transmission plant in Mexico. This will bring a US$1.2 billion investment to Guanajuato and it will generate approximately 2,000 new direct jobs. The plant is expected to manufacture two new automatic transmissions for vehicles in North and South America, Europe, and the Asia Pacific region, with an annual production of 800,000 units