Ford to invest $155M, add 60 jobs to build fuel-efficient Mustang V-6 at Cleveland-area plant

Ford adds 60 jobs at Cleveland-area engine plant

BROOK PARK, Ohio — The Ford Motor Co. has announced it’s investing $155 million and adding 60 jobs at an engine plant in suburban Cleveland to build a fuel-efficient V-6 engine for the 2011 Mustang.

Ford said Friday the engine is expected to lead its class in fuel efficiency with 30 miles per gallon on the highway and 305 horsepower.

The Cleveland Engine Plant No. 1 in Brook Park is expected to build two-thirds of Mustang engines next year.

The Dearborn, Mich.-based automaker says the 3.7-liter engine with automatic transmission shows its commitment to delivering class-leading fuel efficiency in all new vehicles.

Ford says it’s investing $1.8 billion and adding 1,260 jobs to support nine engines and transmissions for 2011 models in North America.