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Ford invests $155M in Cleveland plant to produce Mustang V6
By Drew JohnsonFord has announced it will be investing $155 million in its Cleveland Engine Plant No. 1. The investment will revamp the plant to produce the 3.7L V6 earmarked for the 2011 Ford Mustang, creating an additional 60 jobs along the way.
The investment will allow the Cleveland plant to produce Ford’s next-generation 3.7-liter DOHC Ti-VCT V6. The new six-pot will develop 305 horsepower under the hood of the 2011 Mustang and is expected to return a class-leading 30mpg.“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.
Including the Cleveland investment, has now spent $1.8 billion on North American facility upgrades to support its 2011 model year vehicles. In all, the initiative has created 1,260 new jobs.
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Related News
- GM invests $336M into Detroit-Hamtramck plant Posted December 7th
- Ford launches Mustang 1,000 Lap Challenge Posted March 22nd
- 2011 Ford Mustang specs hit the Web Posted September 2nd





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