Today, U.S. Senator Sherrod Brown (D-OH) praised an announcement by Ford Motor Company that it will invest nearly $200 million and add 450 new reshored jobs at its Cleveland Engine Plant which produces the 2.0-liter EcoBoost.
"The demand for the EcoBoost is a testament to the strength of Northeast Ohio manufacturing and our auto supply chain," said Brown. "Ford's expansion not only boosts jobs and the economy in our state, but proves that you should always bet on the American worker."
The nearly $200 million investment will officially move production of the 2.0-liter EcoBoost engine for North American vehicles from Valencia, Spain to Cleveland, Ohio.
Brown, due to a prior obligation, was unable to attend Ford's official announcement at Cleveland Engine Plant #1 in Brook Park, but was represented by his Deputy State Director Beth Thames.
Brown has long been a champion of American manufacturing and Ohio's auto industry. In November of 2008, he introduced S. 3175, the Auto Industry Emergency Bridge Loan Act, with a bipartisan group of colleagues. In December 2008, Brown fought to ensure that funds from the Troubled Asset Relief Program (TARP) were allocated to aid the Big 3 and American auto suppliers. At the start of 2009, Brown applauded President Obama's decision to advance restructuring plans to ensure the viability of the American auto industry.
Brown also was a strong supporter of the Cash for Clunkers program, in which the federal government provided Ohio consumers with vouchers to purchase new fuel-efficient vehicles. The program was a resounding success, helping American consumers purchase nearly 700,000 new vehicles--adding nearly one percent to the third-quarter GDP growth at the time. The program stabilized the auto sector and saved or created thousands of jobs across Ohio and the nation.
According to a 2010 study by the Center for Automotive Research, more than 848,000 Ohio jobs depend on the auto industry; this figure includes 120,285 direct employment (people employed directly by auto industry: 39,685 by automakers and 80,600 by parts suppliers); 276,330 indirect employment (jobs indirectly employed by automakers or parts suppliers: 167,891 by automakers and 108,439 by parts suppliers); and 395,981 spin-off employment (expenditure-induced employment resulting from spending by direct and intermediate employees; 221,018 by automakers and 174,963 by suppliers). A 2011 study by the Center for Automotive Research found that 164,654 jobs in 2009 would have been lost in Ohio if the auto industry had not been rescued.