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Ford Invests $2.5B to Build New Engine, Transmission Plants in Mexico

Motor Trend logo Motor Trend 4/17/2015 Kelly Pleskot

Ford is among the many automakers expanding its footprint south of the border recently. The automaker announced it will spend $2.5 billion in new engine and transmission plants in Mexico.

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One new facility within Ford's existing Chihuahua, Mexico plant will produce a new gasoline engine for small cars. This engine will be exported to the U.S. as well as Canada, South America, and the Asia-Pacific region. Meanwhile, the automaker will also expand its production of current diesel and inline-four engines in the region.

Ford is constructing a new plant in Guanajuato, Mexico to build two all-new automatic transmissions. The plant will build transmissions for cars sold in South America, Europe, Asia Pacific, and North America.

2014 Ford Fiesta Sedan© Provided by MotorTrend 2014 Ford Fiesta Sedan

The announcement comes as Ford celebrates its 90th anniversary in Mexico. Ford currently produces the Fiesta, Fusion Hybrid, Lincoln MKZ, and Lincoln MKZ Hybrid in the nation. In addition to the 11,300 people Ford already employs in Mexico, the new plants will bring in 3,800 more workers.

As automakers look to build cars closer to the markets in which they are sold, more companies are relying heavily on Mexico for their production needs. Just a few days ago, we got word that Toyota was building a new plant in Guanajuato dedicated to Corolla production. General Motors is also Chevrolet Cruze in Mexico" target="_blank">shifting production of Mexican-market Cruze sedans from South Korea to Ramos Arizpe. Meanwhile, Mazda is now producing small cars like the Mazda3 sedan at its brand-new Salamanca plant.

Source: Ford

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