Ford Adds Jobs, Invests $155 Million

Ford Invests $155 Million in Fuel-Efficient Engines; Adds Jobs

CLEVELAND -- Ford Motor Company is investing $155 million and adding 60 jobs at its Cleveland operations to build a new fuel-efficient V-6 engine for the 2011 Mustang, which has expected class-leading highway fuel efficiency of 30 miles per gallon on the highway and 305 horsepower.

The investment and jobs at Ford’s Cleveland Engine Plant No. 1 brings the company’s investment in powertrain engineering and facility upgrades in North America to $1.8 billion to support its 2011 vehicle launches – with more to come. The total number of jobs being added as part of these investments is 1,260. The new Mustang engine is one of nine new or upgraded engines or transmissions for 2011 model Ford, Lincoln and Mercury vehicles.

“Ford is absolutely committed to delivering class-leading fuel efficiency with every new vehicle we introduce, and this investment in Cleveland provides further proof,” said Bill Russo, director of manufacturing for Ford’s powertrain operations.

On sale this spring, the 2011 Ford Mustang delivers 305 high-performance horses for V-6 coupe buyers. The all-aluminum dual-overhead cam (DOHC), 3.7-liter Duratec 24-valve V-6 engine delivers a projected 30 mpg on the highway with a six-speed automatic transmission and fun for drivers on nearly every road.

“Mustang is completely transformed with this new engine,” said Derrick Kuzak, group vice president, Global Product Development. “Everything people love about the car is still there and now under the hood is a V-6 engine that uses premium technology to deliver the power, the feel, the fuel efficiency, even the sound of the best sports coupes in the world.”

Also available for the 2011-model year are the Mustang GT – with an all-new 5.0-liter V-8 delivering 412 horsepower and projected unsurpassed highway mileage of 25 mpg – and a no-compromises Shelby GT500 powered by a 5.4-liter supercharged V-8 and 550 horsepower.

The new 3.7-liter V-6 is built at Ford’s Cleveland Engine Plant 1. The 5.0-liter V-8 engine is built at Ford’s Essex Engine Plant in Windsor, Ontario. The 5.4-liter supercharged V-8 is built at Ford’s Romeo, Mich., Engine Plant.

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