Friday, March 19, 2010

Ford to Invest in Green Technology in UK

Ford recently announced that it will be investing $2.3 billion USD into green technology in its four British facilities. Over the next five years Ford is planning to invest into its facilities after it secured a $549 million USD loan guarantee from the government.

Ford's Bridgend facility is scheduled to produce the new EcoBoost engines. Joe Greenwell, Ford of Britain chairman said, "It greatly assists in delivery Ford's commitment to invest...in new, affordable, volume-produced low CO2 technologies."

-Anthony Alaniz
[Source: egmCarTech]

No comments:

Post a Comment