Tag: Investment

Statement from UAW Vice President Rory Gamble on Ford Chicago Investment Announcement

“Ford’s investment announcement of 500 additional jobs and over $1 billion in plant investments is a testament to the quality and hard work of UAW Ford Members,” said Rory Gamble, Vice President of the UAW Ford Department. “Every day UAW Ford members head to work, proud of the products they build and the craftsmanship required in vehicles like the Explorer, Aviator and Police Interceptor. Ford’s investment announcement demonstrates a commitment to the dedication of UAW members in Chicago.”

Statement from UAW Vice President Terry Dittes Director of the UAW-GM Department on Investment in Lansing Grand River

“General Motors investment in Lansing Grand River is welcome news for UAW members and U.S. consumers where GM makes the majority of their company profits. We hope General Motors continues the policy of “we build, where we sell” as American taxpayers counted on that commitment during GM’s darkest days when they were on the brink of bankruptcy.”

Ford Invests $350 Million, Creates or Protects 800 Jobs, Adding New Fuel-Efficient Transmission to Michigan Plant

DEARBORN, Mich., May 19, 2017 – Ford is investing $350 million in its Livonia Transmission Plant, adding a new transmission to expand its lineup of fuel-efficient powertrains as part of the company’s plan to fortify its core automotive business. The company will create or retain 800 hourly jobs to support production of the new transmission. Ford expects to begin adding jobs late this year, with the majority coming next year and in 2019. Read more at media.ford.com >>>   Photo by Google Maps

Ford Investing $1.2 Billion in Three Michigan Facilities, Further Bolstering Leadership in Trucks, SUVs, Mobility

$850 million Michigan Assembly Plant upgrade supports return of Ford Ranger, Bronco $150 million investment and 130 jobs at Romeo Engine expands capacity for engine components for several vehicles, including Ranger and Bronco $200 million investment for advanced data center in Michigan supports Ford’s expansion to an auto and mobility company and expected dramatic increase in data storage needs Investments are in addition to $700 million and 700 new jobs at Ford’s Flat Rock, Michigan facility, announced in January, for high-tech electrified and autonomous vehicles; Ford has announced $1.9 billion in new investments in Michigan this year DEARBORN, Mich., March ... Read more

Statement from UAW Vice President Jimmy Settles on Ford Profit-Sharing Announcement

“This morning, Ford Motor Co. announced their 2016 North American full-year profits of $9 billion. This is exciting news as our members will each see a significant profit-sharing financial payout per the 2015 collective bargaining agreement. “This is also an important indicator that Ford Motor Co. is a healthy, financially secure company which translates to job security for our members. “The profit-sharing payout, expected to average approximately $9,000 for each of our 56,000 hard-working men and women, will provide a substantial benefit to their respective communities across this great country. “I’m also reminded that profit sharing is a major topic ... Read more

STATEMENT FROM UAW-GM VICE PRESIDENT CINDY ESTRADA ON GM INVESTMENT ANNOUNCEMENT

The following is a statement from UAW Vice President and GM Department Director Cindy Estrada on today’s announcement of over $1 billion in U.S. investment by General Motors.  “Today’s announcement continues GM investments that have emerged as a result of the 2015 national bargaining agreement. We are pleased that there will be over $1 billion in new investment for current and future UAW GM members. Through hard work and the quality products we build, UAW-GM members, their families and their communities will benefit. We will continue to work with GM to bring more product to the United States and enhance ... Read more

Statement from UAW Vice President Jimmy Settles on Ford Announcement

The following is a statement from Jimmy Settles, UAW Vice President and Director of the National Ford Department Today’s announcement by Ford Motor Company honoring their commitment in the 2015 collective bargaining agreement to the men and women of Michigan Assembly and UAW Local 900 Is yet another example of what the union and the company can do when we work together. As you may recall, In April 2015, prior to negotiations, Ford Motor Company announced plans to eliminate the third shift at MAP due to lack of sales for the Ford Focus and Ford C-Max vehicles. As many as ... Read more

Statement from UAW President Dennis Williams on FCA Announcement

The following is a statement from UAW President Dennis Williams regarding today’s FCA announcement: “We are very happy with FCA’s announcement today as it shows their commitment to the United States, UAW members and their employees. “This announcement confirms ongoing discussions that the UAW leadership have been engaged in with Sergio Marchionne and his team.  “These investments will benefit UAW members their families and communities by providing greater job security and a World Class Manufacturing environment.”

FCA US Expands Jeep Product Lineup; $1 Billion in New Investment and 2,000 New Jobs

Announcement is a continuation of the efforts already underway to increase production capacity in the U.S. on trucks and SUVs to match demand Confirms addition of new models to award-winning Jeep lineup – a Jeep pickup truck and the storied Jeep Wagoneer and Grand Wagoneer Investment includes retooling and modernization at Warren, Mich., and Toledo, Ohio, plants; creates additional 2,000 American jobs Total U.S. committed investment grows to more than $9.6 billion since 2009, with 25,000 jobs created to date Production moves solidify U.S. as the global manufacturing hub for the flagship Jeep products January 8, 2017 , Auburn Hills, Mich. ... Read more

UAW Members at Local 5960 to Build Autonomous Vehicles

DETROIT —  General Motors announced today that workers at UAW Local 5960, Orion Township assembly plant will build test fleet Bolt EVs equipped with fully autonomous technology. The plant currently manufactures the Chevrolet Bolt EV and Sonic. The new equipment will include LIDAR, cameras, sensors and other hardware designed to ensure system safety, leveraging GM’s proven manufacturing quality standards. The test fleet vehicles will be used by GM engineers for continued testing and validation of GM’s autonomous technology already underway on public roads in San Francisco and Scottsdale, Arizona, as well as part of the Michigan testing fleet. Since the beginning of ... Read more