Ford is investing $1 billion, adding jobs at Chicago factories as it makes cuts overseas. They are investing about $1 billion in assembly and stamping plants in Chicago. The automaker is expanding production of the new Ford Explorer, Lincon Aviator, and Police Interceptor.
The expansion will add at least 500 jobs to Ford’s Chicago plants, bringing the total employees at the two factories to 5,800. Ford has plans to build out a new body shop and paint shop at the plants. They are also looking to install new tech, including robots and 3D-printing tools.
Ford is cutting thousands of jobs in Europe. They have not been able to maintain a solid footing in Europe. The $11 billion restructuring they are currently undergoing will shrink its salaried workforce of 70,000.
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