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Ford Ohio Assembly Plant To Get $205 Million In State Incentives

Ford has invested heavily in its manufacturing facilities across the globe in recent years, most recently committing $3.7 billion to its midwestern plants as it looks to boost production across the board. Earlier today, the automaker announced that it was also investing $700 million into the Kentucky Truck plant as it prepares that facility for production of the refreshed and soon-to-be-revealed 2023 Ford Super Duty. Now, The Blue Oval is set to receive $205 million in state incentives for the Ford Ohio Assembly plant following a $900 million investment in that same facility back in 2019, according to Cleveland.com.

A grand total of $70 million of those funds will come from a 30-year tax credit from the Ohio Tax Credit authority, while the other $135 million will be provided by JobsOhio, the state’s private economic development arm. The tax credit is performance-based and requires that the automaker operate the Ford Ohio Assembly plant for 33 years while also creating $108 million in new payroll.

These payouts come some time after Ford announced that it will build a new commercial-focused all-electric vehicle at the Ohio Assembly plant in the coming years following a $1.5 billion dollar investment. That move is expected to potentially double the plant’s current workforce of 1,650 people – a major economic boost for the area.

Currently, the Avon Lake-based plant produces the Ford E-Series, the Ford Super Duty, and the Ford F-650 and F-750 medium-duty line of trucks, but back in 2019, the automaker said that it would add another product to that mix by 2023. This announcement came on the heels of a new United Auto Workers (UAW) contract that promised significant investments into the existing facility, as well as major expansions moving forward.

We’ll have more on Ford’s production investments soon, so be sure and subscribe to Ford Authority for comprehensive Ford news coverage.

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

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Comments

  1. Robert.Walter

    Pic at top is from pre 2003 as the E-series box van went out of production in mid-2014 and only the cut-away is in production now. (All those white basic vans are casually referred to by plant personnel as “Plumber’s Specials “.)

    Reply
  2. GaryB

    Good, glad they are doubling the # of jobs available. The gov should be enticing companies to plant more roots here. I think the companies that move jobs out of the country should be footing the bill for the incentives though.

    Reply
  3. John Coviello

    I completely agree with GaryB above. Why should we, through federal or state taxes, pay for building facilities and employing foreign workers??????? That’s what got Ford into this production mess to begin with !!!!!!!! Must be Farley F’ing Ford again !!!!!!!! Not to mention; whatever Ford build overseas will be what remains as Ford. They didn’t pay for any of this and have NO concerns about screwing us taxpayers/workers and moving all the production work overseas !!!!!!!!

    Reply
    1. Robert.Walter

      Another insane rant.

      Reply
  4. Bob

    “These payouts”… misspelled payouts for payoffs.
    I employ 60 people; I need to find the number to call to get an incentive for that.
    I’m figuring 60 is about 1% of what this “payout” is supposed to support in jobs saved, so $2,050,000 will work for me.

    Reply

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