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FORD IN MICHIGAN - 1991

 FORD IN MICHIGAN - 1991
 DEARBORN, Mich., March 27 /PRNewswire/ -- Ford Motor Company


(NYSE: F) and its employees have closed the books on another year of significant investment and civic contributions in Michigan.
 During 1991 -- a year of unprecedented hardship on the entire North American automotive industry -- Ford provided a $3.6 billion payroll to 72,202 Michigan employees. Property taxes paid for Michigan facilities in 1991 totaled more than $59.5 million.
 Despite dire economic conditions, Ford employees in Michigan dug deeply into their pockets to support Michigan charities with contributions exceeding $10 million -- a record for Ford employees. Additionally, Ford announced or broke ground for Michigan investments totalling $1.28 billion.
 Ford employees in Michigan will build two all-new products for the 1993 model year -- the Ford Probe at the Mazda plant in Flat Rock and the Lincoln Mark VIII at the Wixom Assembly Plant.
 Other new projects announced for Ford facilities in Michigan in 1991 include:
 -- A $185 million paint facility at the Michigan Truck Plant in Wayne, a 240,000-square-foot building adjacent to the assembly plant. The facility will be completed for the 1994 model year. It will have new spray prime and enamel paint equipment and clearcoat capability. The paint shop will be among the most advanced in the industry in controlling paint emissions.
 -- In mid-November, Ford officials notified the UAW National Ford Department and the bargaining committee of UAW Local 600 that development and production of the next generation Ford Mustang had been approved. The product will be produced at the Dearborn Assembly Plant and introduced in the mid 1990s.
 -- Plans to convert the Van Dyke Axle Plant in Sterling Heights to produce new, state-of-the-art transmissions also received approval in November. Total cost of the program will be approximately $700 million. Conversion of the plant began earlier this year and is expected to be completed for a 1994 production start-up date.
 -- A $400 million investment was made in the Livonia Transmission Plant to produce a new electronic automatic overdrive transmission.
 In 1991, Ford facilities in Michigan made news in other ways.
 In October, the Brownstown Parts Redistribution Center became the first Ford distribution facility in the world to receive the company's Q1 Achievement Award for quality excellence. Other Michigan facilities receiving the Q1 Award in 1991 included the Advanced Engine Manufacturing Center in Belleville, the Wixom Assembly Plant and the Dearborn Engine Plant.
 Additionally, the National Safety Council awarded employees at the Livonia Transmission Plant its National Safety Council Award of Honor for significantly reducing the number of major injuries recorded at the plant during the previous three years. The award is the highest recognition bestowed by the council.
 Ford Division's 168 Michigan dealers sold a total of 106,022 cars and trucks in the state in the 1991 calendar year.
 Lincoln-Mercury Division's 100 Michigan dealers sold 43,216 cars in Michigan in 1991.
 With 1,200 employees working in six Michigan branches, Ford Motor Credit Company also made its financial presence felt in the state financing 45,248 retail accounts and 21,700 Red Carpet lease accounts in 1991. In dollar figures, that translates to $917.4 million worth of loans -- $560.1 million in retail loans and $357.3 million in Red Carpet lease loans.
 Other members of the Ford Financial Services Group include the First Nationwide Bank, with 14 branches in Michigan and The Associates, with 12 locations and nearly 300 employees in Michigan. Overall, the Ford Financial Services Group, formed in 1987 to provide a stable base of earnings as a counterbalance to the cyclicality of the automotive business, contributed nearly $3 million a day to Ford Motor Company's bottom line in 1991.
 -0- 3/27/92
 /CONTACT: Carolyn Brown of Ford, 313-322-1300/
 (F) CO: Ford Motor Company ST: Michigan IN: AUT SU:


ML -- DE004 -- 2269 03/27/92 09:40 EST
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Publication:PR Newswire
Date:Mar 27, 1992
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