The economic, employment and business climate was certainly heating up last week in our community as three companies announced over a billion dollars in investments in Sterling Heights to support projects that are also expected not only retain area jobs but to also create thirteen-hundred new jobs. Governor Jennifer Grandholm exclaims, "the American Auto Industry is back" as Ford Motor Company plans to invest $150 million in its Sterling Heights transmission and axle plants. The investment is a part of statewide investment project that totals eight hundred and fifty million dollars. This new investment follows a recent announcement that the automaker will invest more than sixty four million dollars in its two Sterling Heights facilities. Mark Fields, Ford's President of the Americas, detailed the companies commitment to US engineering and manufacturing at a press conference held at the Sterling Heights Axel plant on Monday October 25th, 2010.
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