It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Taking advantage of the economic boom in China, as well as of the increased appeal of the local consumers for American vehicles, car manufacturer Ford announced today its decision to begin the build on its second facility in the country.
The new engine plant, Ford's second in China, will be built by the carmaker's local join venture, Changan Ford Mazda Automobile (CFMA) in collaboration with the Chongqing Municipal Government.
The facility will be erected in Chongqing, using the $500 million (RMB 3.4 billion) provided by CFMA. The plant will be located in Chongqing's New North Zone and will become operational in 2013.
Currently, Ford manufactures 350,000 engines annually in China. The extra 400,000 units which will come off the lines of the facility will more than double that capacity.