Ford Motor Co. says it will invest some $81 million at its Sharonville, OH, plant, protecting over 1,800 jobs. Ford received a 75% tax exemption from Hamilton Country, OH, officials, on new robotics and heavy machinery equipment for the next 10 years. The plant is currently making 4-speed transmissions for heavy-duty trucks, but will switch to 5-speed production thanks to the new investment. Local officials worried the plant would be closed as part of Ford’s worldwide restructuring plan.
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