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Ford is to invest $1.45 billion in the two Detroit plants, to add up to 3,000 jobs

FILE PHOTO: a Ford logo is seen on a car at the New York Auto Show, in the borough of Manhattan in New York City, New York, USA on March 29, 2018. REUTERS/Shannon Stapleton

(Reuters) – Ford Motor Co (F. N) said on Tuesday that it plans to invest more than $1.45 billion in two of its manufacturing facilities in columbus, to create an electric, self-sufficient, and sport utility vehicles, and the addition of 3,000 jobs.

The No. 2 U.S. automaker, said that it would take an investment of $750 million for its Wayne facility, in Michigan, the Bronco, and Ranger’s sport utility vehicles and pick-up trucks, and the rental of 2,700 workers over the next three years.

Ford also said it plans to invest about $ 700 million in its Dearborn plant to make electric and hybrid electric versions of its F-150 truck, and a car rental service more than 300 people by next year.

The company will begin the assembly of the battery cells to the F-150, hybrid, and electric versions that the Dearborn facility.

Ford had previously said it would invest $11 billion order for 40 new hybrid and all-electric vehicles by 2022.

Reporting Rachit Vats in Bangalore; Editing by Shounak Dasgupta

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