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E194m Ford boost

4th October 1990, Page 24
4th October 1990
Page 24
Page 24, 4th October 1990 — E194m Ford boost
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Which of the following most accurately describes the problem?

• Ford is investing £194m in its Halewood, Merseyside plants — £24m is being spent on the transmission plant with £170m for the Escort car and van assembly site next door.

The transmission plant gets new gear cutting equipment; the shopping list for the assembly plant includes refurbishment for the new Escort lines and more automation. The major expense has been a threephase programme to integrate van and car final assembly into a single line; this has cost kfirn for the final phase alone.

Other improvements include new equipment on the pressing lines, a replacement furnace and air compressor.