UPDATE 10:02 a.m. EST:
Ford announced it would invest $1.2 billion into three Michigan plants, creating or retaining 130 jobs as a result. The announcement appears to be part of a plan first announced by Ford in 2015, CNBC reports.
The plan involved creating or retaining 8,500 jobs as part of a 2015 contract with United Auto Workers.
Two weeks after @POTUS met with auto execs...Ford plans ‘significant’ investments in 3 plants https://t.co/HRjFkZx0ft via @detroitnews #jobs
— Kellyanne Conway (@KellyannePolls) March 28, 2017
Trump advisor Kellyanne Conway suggested the announcement was due to Trump.
ORIGINAL STORY: Ford Motor Co. will announce "significant" investments in three different Michigan plants today, The Detroit News reports.
President Trump heralded the announcement on Twitter Tuesday morning. However, Ford did not specify if its decision was due to Trump policies.
It is not clear at this time how many jobs will be created or how much money Ford is investing.
Big announcement by Ford today. Major investment to be made in three Michigan plants. Car companies coming back to U.S. JOBS! JOBS! JOBS!
— Donald J. Trump (@realDonaldTrump) March 28, 2017
Here's Trump's morning tweet.
The announcement comes less than two weeks after Trump urged auto executives for more U.S. jobs. He hinted a major auto announcement would come last week, though that did not appear to happen. Ford will invest $9 billion in U.S. facilities through 2019, according to a 2015 contract. Other companies, including Ford rival General Motors, have announced major U.S. investments since Trump's victory on Election Day.
