Ford invests $700 million and boosts economy

With the rising global demand for Ford Motor Company’s vehicles, it spent $700 million to retool its assembly plant in Oakville, Ont., in order to expand and improve its manufacturing capability. The investment will secure 2,800 jobs at the plant, however, many more jobs will be indirectly created from the plants operations.

Jerry Dias, president of Unifor, describes the investment as “a welcome boost to the economy and the automotive sector.”

Ford aims to shift to a “global platform” with more standardization of their products across the international markets.

With upgrading the plants technology and efficiency, they want to quickly respond to changing consumer demands in the automotive market. The methods of manufacturing will become much more flexible with the ability to switch from one vehicle model to another without having to shut down production for long periods. This ties directly to the job of an operations manager. The goal is to ensure that the organization is running as smoothly and efficiently as possible, and that the goods and services produced meet client or customer needs.

Ford is looking to where the market is headed, and they see growth in their global market.

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