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FORD TRANSMISSION PROGRAM APPROVED

 FORD TRANSMISSION PROGRAM APPROVED
 DEARBORN, Mich., Nov. 26 /PRNewswire/ -- Plans to convert Ford


Motor Company's (NYSE: F) Van Dyke Axle Plant in Sterling Heights, Mich., to produce new, state-of-the-art transmissions have received final approval.
 Total cost of the program will be approximately $700 million. Conversion of the plant will begin early next year. Expected completion and production start-up are scheduled for 1994.
 "We're very pleased to confirm that we're moving forward with this program, " said Alex Trotman, executive vice president, Ford North American Automotive Operations.
 "We're also happy with the excellent cooperation and support we've received from the executive committee of UAW Local 2280 and Van Dyke employees in putting this program together, and we're grateful for the support of the Sterling Heights City Council, " he said.
 The 1.9-million-square-foot Van Dyke Plant, opened in 1968, has just over 1,400 hourly and 200 salaried employees.
 -0- 11/26/91
 /CONTACT: Bill Carroll of Ford, 313-322-1300/
 (F) CO: Ford Motor Company ST: Michigan IN: AUT SU:


KK -- DE005 -- 7193 11/26/91 10:01 EST
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Publication:PR Newswire
Date:Nov 26, 1991
Words:175
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