The new investment in Kentucky is part of the company’s Ford+ plan for growth and value-creation.
Two schools will each receive $500,000 to help strengthen STEAM education programs that support career readiness.
Six Volvo VNR electric trucks will soon be working the Southern California ports at Pacific Drayage Services.
As part of this expansion, Wabash is investing an additional $20 million at its 53-acre facility in Little Falls, Minnesota.
The plan includes a $24.7 million investment to retool the south plant to be a flexible engine line.
The new entity will extend GM Defense’s reach into global markets in support of U.S. allies and partners’ transition to a more electric, autonomous, and connected future.
Proceeds from the raise will be used for the Q1 completion of the manufacturing facility in Ohio growing production space.
Daimler Trucks North America will partner with software developer Platform Science for on-vehicle mobile applications that offer advanced fleet management solutions.
Rivian has closed an investment round of $1.3 billion, the fourth investment the battery-electric truck and SUV startup will receive in 2019.
Ford Motor Co. will invest more than $1.45 billion at its Michigan plants to support its next-generation Ranger midsize pickup, 2020 Bronco SUV, electrified F-150s, and other upcoming vehicles.
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