Avon Lake, Ohio — According to state and local economic development sources Ford Motor Company plans to invest $1,500,000,000.00 to build out new space in Avon Lake. The company plans to occupy the new space in Avon Lake, on or about June 1, 2024. According to the company website Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. Ford is a global company with shared ideals and a deep sense of family. From our earliest days as a pioneer of modern transportation, we have sought to make the world a better place one that benefits lives, communities and the planet. We are here to provide the means for every person to move and pursue their dreams, serving as a bridge between personal freedom and the future of mobility. In that pursuit, our 186,000 employees around the world help to set the pace of innovation every day. The company was founded in 1903 and is based in Dearborn, Michigan.

To learn more about Ford Motor Company, visit http://www.ford.com/

Company Contact:
James Farley, President and Chief Executive Officer
jim.farley@ford.com
https://www.linkedin.com/in/jim-farley-31a96812/
313-322-3000

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