OAKVILLE, Ont. – Ford Motor Co. announced Thursday that it is investing $700-million at its Oakville assembly plant, securing thousands of jobs and creating a larger role for Canada-made parts in the Canadian auto industry.
The investment will secure 2,800 jobs at the plant.
Armand, who has been bounced around from factory to factory over the years, told 680News he is relieved.
“I was off for a year-and-a-half in Windsor, and when the plant closed in St. Thomas, another year-and-a-half. Hopefully I get to finish my career at this plant,” he said.
The upgrade at the plant will be completed by next fall and will enable the company to add several new models to the assembly line.
Ford of Canada president Dianne Craig didn’t reveal the new models, but told 680News this has put the Oakville operation on solid ground.
“We’re going to have a global platform, and that’s going to be incredibly important because we have an opportunity right here in Oakville. Today we ship to over 80 countries around the globe and we’re going to be able to expand that to much bigger numbers,” Craig said.
“We have a plan; it’s a great plan, and we’re looking forward to the next several months when we’ll be in a position where we can tell you more.”
The $700-million includes $71.6-million and $70.9-million in federal and provincial grants, respectively.