Valencia, Spain - 05 February 2015 - Ford Motor Company is completing the final part of a $2.6 billion investment in its manufacturing operations in Valencia, Spain. The investment by Ford is the largest in the history of Spanish auto industry and will allow the Valencia plant to increase vehicle production by 40 per cent this year to about 400,000 vehicles, and will have the capacity to potentially build up to 450,000 vehicles a year. Ford now employs about 8,000 people at the facility, up from just below 5,000 in early 2013. Supplier operations supporting Valencia production also have added 1,500 jobs since 2013.
"Valencia is not only a major hub of production – building vehicles and engines exported to 75 countries worldwide – but also a centre of innovation employing some of the industry’s most advanced lean, flexible and environmentally friendly manufacturing processes,” said Mark Fields, Ford president and chief executive officer.
In 2015, Valencia will build six Ford nameplates and even more body styles. The plant currently builds the all-new Mondeo wagon, five-door, and four-door including the Mondeo Hybrid, Kuga SUV, Transit Connect light commercial vehicle and Tourneo Connect people-mover. The all-new S-MAX multi-activity vehicle, Galaxy seven-seat people-mover and the Vignale Mondeo go into production later this year.
The investment consisted of an initial $1.25 billion announced in 2011, followed by a further $1.37 billion since 2013. Valencia will be the sole European production source for all six Ford nameplates assembled at the plant.
Since 2011 more than 900 new robots have been installed in the Valencia bodyshops, and 34 in the final assembly areas to help deliver the highest quality standards. Nearly 600 highly skilled engineers are involved in supporting the high-tech production processes in Valencia.
Valencia will in 2015 also complete a new Vignale Center, a specially-created department dedicated to ensuring exacting levels of quality and fulfilling customer expectations of Ford’s new upscale Vignale product and ownership experience.
Ford Motor Company, a global automotive industry leader based in Dearborn, Michigan manufactures or distributes automobiles across six continents. With about 187,000 employees and 62 plants worldwide, the company’s automotive brands include Ford and Lincoln.