CLEVELAND -- Ford Motor Co. is investing $145 million in its Cleveland engine plant to support the production of an “all-new second-generation 3.5-liter EcoBoost engine family.”
The engines will support the company’s 2017 F-150 pickup, including a new F-150 Raptor.
Ford said 150 jobs will be created or retained at the plant, which employs more than 1,500 people.
The engine factory produces the company’s current 3.5-liter EcoBoost engine for the Ford F-150, Explorer, Expedition, Transit, Flex and Taurus. More than 1 million EcoBoost engines have been built since 2009.
The EcoBoost family is a cornerstone of Ford’s engine strategy to cut fuel consumption and emissions in light vehicles.
After going on hiatus for the 2015 and 2016 model years, the F-150 Raptor is returning with an aluminum body and a new high-output 3.5-liter V6 EcoBoost engine.
Preparation for the investment at the plant started in 2015.
Ford is investing $9 billion in its U.S. plants as part of the company's 2015 collective bargaining agreement with the UAW.