You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Attracting eateries
    If you want fries with that, you have several downtown dining options.But fast food – which is sold on dozens of street corners around town – isn’t enough to draw people to the city’s core.
  • Sharp names new CEO after record losses
    Japanese electronics maker Sharp Corp. named a new president, shuffling its top management to help restore profitability after reporting a record loss.
  • Lehman estate demands millions from nonprofits
    Almost five years after Lehman Brothers Holding Inc. filed for bankruptcy and set off the global financial crisis, managers of the bank’s estate are demanding millions of dollars from retirement homes, colleges and hospitals.
Advertisement

Ford adding 225 jobs at transmission plant

STERLING HEIGHTS, Mich. – Ford Motor Co. is hiring 225 workers and adding an assembly line at a Detroit-area plant to make a new hybrid-electric transmission.

Ford said it’s investing $220 million in the Van Dyke Transmission plant in Sterling Heights to make the new transmission. The new transmission is the first designed and produced entirely by Ford, which used to get its hybrid transmissions from a Japanese supplier.

The transmission will be used in several new vehicles that go on sale this fall. The vehicles include the C-Max hybrid and plug-in hybrid small SUVs, and hybrid versions of the Ford Fusion and Lincoln MKZ midsize sedans.

Ford said the plant is now the only producer of front-wheel-drive hybrid transmissions in North America. General Motors Co. makes rear-wheel-drive hybrid transmissions in Maryland.

Advertisement