Ford upgrading engine plant

Ford Motor Co. said on Tuesday it would spend $335 million to upgrade an Ohio engine plant for building up to 325,000 V6 engines a year. The Lima, OH, plant will build the new 3.5 liter V6 engine by the end of 2005 that will be used in a variety of Ford, Lincoln and Mercury cars and light trucks, Ford said. Ford received some government tax incentives to revamp the plant, which employs about 1,600

July 16, 2003

Ford Motor Co. said on Tuesday it would spend $335 million to upgrade an Ohio engine plant for building up to 325,000 V6 engines a year.

The Lima, OH, plant will build the new 3.5 liter V6 engine by the end of 2005 that will be used in a variety of Ford, Lincoln and Mercury cars and light trucks, Ford said.

Ford received some government tax incentives to revamp the plant, which employs about 1,600 workers.