Ford investing millions in Oakville plant
Ford Motor Company is investing $700 million at its Oakville assembly plant, a move that it says will support thousands of jobs and increase its spending on Canadian-made parts.
It says several new models will be brought to the plant to meet demand in North America and elsewhere.
The Oakville plant currently makes the Ford Edge, Ford Flex, Lincoln MKX and Lincoln MKT.
The automaker's president for the Americas, Joe Hinrichs, says the investment will mean Ford's spending on Canadian-made auto parts will increase by about $200 million to a total of nearly $4 billion
Ford says the investment will secure more than 2,800 jobs.