Ford Motor Co. agrees to invest $200 million for retooling at its Sharonville, OH, transmission plant, the United Auto Workers Union says.
The investment will be used to build a new fuel-efficient transmission, union officials say.
“This shows what we can accomplish when we work together to preserve good-paying manufacturing jobs in the U.S., UAW President Ron Gettelfinger says in a statement.
The plant is represented by UAW Local 863 in Sharonville.
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