Ever since Donald J. Trump won the 2016 presidential election, the successful businessman has touted the millions of new jobs that have been announced in the few short months since Election Day.
Over the past several months, Amazon announced it will add 100,000 new American jobs, Chinese e-commerce giant Alibaba will work to create 1 million new U.S. jobs, Fiat Chrysler announced a new $1 billion U.S. investment that will create 2,000 new jobs, Stanley Black & Decker will build a new U.S. plant and hire American workers, Ford Motor Co. cancelled plans to build a Mexico plant and instead will create 700 new American jobs, and Carrier announced that 1,000 jobs will remain in the United States instead of moving to Mexico.
Well, since Donald Trump became president, the trend of major American companies making a commitment to investing in U.S. workers will continue. Ford Motor Co. has announced it will invest $1.2 billion in 3 Michigan plants to produce the Ford Ranger and Ford Bronco.
#Ford investing $1.2B in 3 #Michigan facilities, strengthening our leadership in trucks, SUVs and mobility. pic.twitter.com/f7QgF9JOPY
— Ford Motor Company (@Ford) March 28, 2017
From Detroit News:
The company said Tuesday it will invest $850 million to retool its Michigan Assembly Plant in Wayne for truck and SUV production; $150 million in its Romeo Engine Plant to expand capacity for several vehicles; and $200 million to build a data center at the company’s Flat Rock Assembly Plant. Ford announced in January the Flat Rock facility also would see a $700 million investment and 700 new jobs to support the production of electrified and autonomous vehicles.
The total investment represents an additional $350 million above those negotiated as part of the 2015 United Auto Workers contract. Plans for the data center at Flat Rock are new; the company added $150 million to its budget for Michigan Assembly upgrades. The $150 million for the Romeo plant upgrades were previously outlined in the UAW contract. According to the contract, the automaker will invest at least $9 billion in U.S. facilities through 2019.
The investments announced Tuesday are expected to add or retain 130 jobs at the Romeo Engine plant; Ford did not offer employment estimates for Michigan Assembly or Flat Rock.
President Trump celebrated Ford’s American investment:
Big announcement by Ford today. Major investment to be made in three Michigan plants. Car companies coming back to U.S. JOBS! JOBS! JOBS!
— Donald J. Trump (@realDonaldTrump) March 28, 2017
President Trump’s commitment to keeping jobs in America is a major departure from the previous administration, which did everything in its power to tax and regulate businesses out of our country. The president has pledged to lower corporate taxes and cut regulations, which should help to entice even more U.S. companies to remain here.
Do you think more companies will follow Ford and make major investments in America? Share your thoughts below!