Economic Development Futures Journal

Monday, October 06, 2003

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Ford Expands in Mexico

While Ford is playing off its domestic plants against each other, it is expanding and creating new jobs in Mexico. The all-new 2006 Ford Futura, a cutting-edge mid-size sedan that continues Ford's aggressive revitalization of its car lineup, will be built at the Hermosillo Stamping and Assembly Plant in Sonora, Mexico, beginning in 2005, the company announced today.

The Futura is the first iteration of a vehicle platform that will form the basis for up to 10 new products and 800,000 units of volume across the Ford, Lincoln and Mercury brands in the next several years. Total program investment, including platform development, will be in the range of $1 billion USD.

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