Ford to Give Lima Engine Plant a Financial (Eco)Boost

Ford Invests $500 Million, Adds 300 Jobs, Upgrades Lima Engine P
It takes money to make money.  A company that’s been in business as long as Ford knows that.  Which explains why the automaker is pumping $500 million into its Lima, Ohio engine plant so that it’s set up to produce the 2015 F-150′s new 2.7-liter EcoBoost V6.

There are several reasons why this investment should pay off.

-This year, 57 percent of F-150 buyers have opted for 6-cylinder power, from either the naturally aspirated 3.7-liter unit or the 3.5-liter EcoBoost.

-Retail V6 light-duty truck registrations have increased more than six-fold since 2010.  Ford’s F-150 has enjoyed a 91 percent share of that action.

-In the past three years, the Blue Oval has moved more than 2 million EcoBoost-equipped vehicles into customer garages.

-Almost half a million F-150s have been sold with the 3.5L version of the fuel-saving power plant since 2011.

-About 20 percent (100,000) of the cars and trucks Ford sells every month around the world have an EcoBoost badge on them.

The new 2.7-liter mill will bring things such as a durable, lightweight compacted graphite iron/aluminum engine block and fuel-saving Auto Start-Stop tech that’s smart enough not to shut off the motor when the next-gen F-150 is towing or in four-wheel-drive to the EcoBoost portfolio.  Its production will also mean 300 new jobs and the “renovation of 700,000 square feet … for machining and assembly functions” at the Lima Engine Plant.

When the 2015 Ford F-150 lands in dealerships late this year, it will be available with EcoBoost motors in 2.7- and 3.5-liter capacities, a fresh 3.5L regular V6 or a tweaked 5.0 V8.

via [Ford]

photos [Ford]

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