Kansas City, Missouri, Oct 21: Ford Motor Co. confirmed its plan to build a North American version of its popular European commercial Transit van on Friday, saying it would spend $1.1 billion on upgrading its Claycomo plant to build the new model.
The move will add 1,600 jobs at Claycomo, near Kansas City, where Ford hopes to have the Transit ready to join its North American lineup in 2013.
The $1.1 billion will pay for various improvements and expansion, including a new stamping plant and a second line for the F-150 pickup.
From: http://ping.fm/UoJLW
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