India, July 20 -- Ford Motor Company (F), the American automotive major, Monday announced that its Canadian unit, Ford Motor Company of Canada, Limited and Unifor-represented hourly employees have ratified a new three-year national collective agreement.
As part of the collective agreement, Ford plans to invest $900 million across its Canadian manufacturing operations, including an additional $500 million to maximize 5.0-litre engine production at Essex Engine Plant which comprises of a forecasted third shift, and to support continued expansion and production of the 7.3-litre engine in Essex.
This also includes a previously planned $400 million at Oakville Assembly Complex over the life of the agreement.
googletag.cmd.push(function() { go...