Project Traits

State: Ohio

Congressional District: OH05

Organization Type: Commercial

Partner Organization(s) Type: None or Unknown

Energy Sector: Transportation,

Energy Subsector: EVs,

Project Start Year: 2022

Project Launch Year: 2026

Government Support Received: State Tax Credit [30-Year Tax Credit] for $70,000,000 State Grant [JobsOhio Grants] for $135,000,000

Outcomes & Impacts

Private Investment: $1,500,000,000

Jobs Announced or Created: 1,800

People Served: Unknown

Projected Economic Impact: Unknown

The Ford Motor Co. announced on Thursday plans to build an all-electric vehicle at the Ohio Assembly Plant in Lorain County. The move would create 1,800 new union jobs, doubling the workforce at the plant, and comes with a $1.5 billion investment. Bill Samples, president of UAW Local 2000, said the investment is huge for the workers and surrounding community. The plant currently employs about 1,700 people, including just over 100 salaried workers. Kumar Galhotra, president of Ford Blue, said Ohio offered $200 million in incentives for Ford to make the investment, though Gov. Mike DeWine declined to provide specifics.

Ford will receive $205 million in incentives to expand its Ohio Assembly Plant in Avon Lake, where it plans to make electric vehicles.

The automaker was approved for a 30-year tax credit worth $70 million Monday. JobsOhio, the state’s private economic development arm, is planning a $135 million in grants for Ford, according to spokesman Matt Englehart.

Source: https://www.cleveland.com/business/2022/09/ford-will-get-205-million-in-state-incentives-to-expand-ohio-assembly-plant-build-electric-vehicles-in-lorain-county.html

Ford Motor Company has announced that it will begin producing an all-electric commercial van at its Ohio Assembly Plant in Avon Lake, Lorain County, starting in 2026. This initiative is part of Ford’s broader shift towards electric vehicles (EVs) and represents a significant investment in the region’s automotive industry.

Secondary source: https://vermiliondaily.com/fords-1-5-billion-electric-van-plan-1800-new-jobs-coming-to-lorain-county/