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Ford to invest $1.3 billion in Mexico plant

2nd April 2012

Ford Motor Co. said it planned to invest $1.3 billion in a plant in northern Mexico to produce the new Fusion and Lincoln MKZ models for the North American market. Ford’s president for the Americas, Mark Fields, said the money would go into creating 1000 jobs at Ford’s stamping and assembly plant in Hermosillo.

Agence France-Presse via IndustryWeek