Ford Announces $2.5 Billion Investment in Mexico Plant (2024)

Ford confirmed Friday it plans to invest $2.5 billion to build new engines and transmissions in Mexico and will eventually hire an additional 3,800 workers in a move that underscores a movement of automotive investment south from Canada and and the U.S.

Ford said it will invest:

• $1.1 billion to build a new engine plant within its plant in Chihuahua, Mexico to build new gasoline engines. Those engines will be exported to the U.S., Canada, South America and the Asia-Pacific region for use in Ford's small car. That plant will employ . . .
  

  >> SUBSCRIBE TO OUR NEWS ON WHATSAPP CHANNELS HERE (FROM YOUR CELL PHONE!)<<

  Subscribers support this independent news site.

  Login now, or subscribe today. As a premium subscriber to our independent news site, for as low as .10 cents per day, you'll unlock full news coverage of the events that shape our city, exclusive interviews with local influencers, and in-depth reports that get to the heart of Puerto Vallarta's unique challenges and triumphs, while also learning more about news throughout Mexico that makes a difference. Help us sustain the future of independent journalism in Puerto Vallarta. It's a small market, so advertising doesn't make a dent in the costs, but you can help! Subscribe today and become an essential part of the conversation.

  View Subscription Options!

  Popular posts:

  • United States Department of State Issues Travel Alert for Spring Trips to Mexico Puerto Vallarta, Mexico - The United States Department of State has issued a travel alert to its citizens planning spring trips to Mexico, singling out popular destinations such as Cancun, Playa del Carmen, and Tulum, particularly emphasizing caution during nighttime excursions, while Puerto Vallarta and Los Cabos maintain level 2 status. Published by the United…
  • Efforts to Reduce Interactions Between Crocodiles and Humans in Puerto Vallarta In the scenic but increasingly urbanized settings of Puerto Vallarta and the municipality of Bahía de Banderas, the local populace and tourists are facing an unavoidable reality: the constant presence of crocodiles. As native inhabitants of these regions, crocodiles are frequently coming into contact with humans, leading to a series of interactions that, in some…
  • Cerro de la Cruz Viewpoint: A Breathtaking Journey Overlooking Puerto Vallarta In Puerto Vallarta, nestled along the shores of Banderas Bay, lies a hidden gem that promises an unforgettable experience for adventurers and sightseers alike. The Cerro de la Cruz viewpoint offers a panoramic spectacle, granting visitors a 360-degree vista of the city's sprawling landscape—all at no cost. Located just a stone's throw from the bustling…
  • Trash Accumulation in Puerto Vallarta Welcomes Tourists Seeking Dream Vacation Puerto Vallarta faces an escalating environmental and health crisis as large mounds of garbage accumulate across the city, particularly at street intersections. This mounting issue not only contradicts the city's paradisiacal image but also highlights a unique method of waste disposal by residents, primarily driven by the irregularities in garbage collection services. The accumulation of…
  • Federal Highway 200 Reopened after Overnight Fuel Transfer Operation from Overturned Truck Puerto Vallarta, Mexico - Early Saturday morning, Federal Highway 200 in Cabo Corrientes was reopened to traffic following a meticulous fuel transfer operation. The highway had been closed since midday Friday due to an overturned fuel truck on the notorious Las Monjas curve, situated between El Tuito and Las Juntas and Los Veranos. The incident…
  • Puerto Vallarta Anticipated to Surpass Cancun in Hotel Occupancy Puerto Vallarta, Jalisco – Puerto Vallarta is expected to outshine Cancun in hotel occupancy rates during the second long weekend of 2024, according to the latest estimates from the Federal Secretariat of Tourism (Sectur). As Mexico gears up for the holiday period from March 15 to 18, commemorating the birth of Benito Juárez, the nation's…
  • Popocatépetl Volcano Erupts, Sending Ash to Mexico City and Surrounding Areas (VIDEO) The Popocatépetl volcano, known for its unpredictable behavior, roared to life once again on the morning of Tuesday, February 27th, stunning residents of the Valley of Mexico with a powerful explosion. The eruption, characterized by billowing columns of gas and ash, sent plumes soaring several kilometers into the sky, casting a looming shadow over nearby…
  • Underperformance and Customer Service Woes at Mexico’s New Government-Owned Airline Puerto Vallarta, Mexico - In its inaugural month of January, Mexicana Airlines reported completing 160 flights, transporting 12,424 travelers, as detailed by the Federal Civil Aviation Agency (AFAC). This marks the company's initial steps since launching on December 26. However, the airline utilized only 43% of its Boeing 737-800 capacity, averaging 77 passengers per flight,…
  • Renovation of Jalisco Docks Underway to Boost Maritime Connectivity and Tourism Puerto Vallarta, Mexico - Under the ambitious Maritime Connectivity Model, the rejuvenation of docks across Jalisco is swiftly progressing, fueled by a substantial budget allocation of 34 million pesos for the year 2024. The Government of Jalisco has affirmed that the overhaul of the Boca de Tomatlán and Yelapa Lagunitas docks is presently underway, with…
  • Puerto Vallarta Invites Public to Fourth Edition of ‘Entrepreneurial Women Market’ Puerto Vallarta, Mexico – The Municipal Women's Institute of Puerto Vallarta is extending an open invitation to the community for the upcoming fourth edition of the 'Entrepreneurial Women Market'. Scheduled for Saturday, March 2, the market will unfold at the Plaza de El Pitillal, as part of a broader initiative to commemorate International Women’s Day.…