Tuesday, June 26, 2012

Ford Plans to Make Second Engine at Romanian Plant From 2013

Ford Motor Co. (F) (F) plans to start production of a second engine at its Romanian plant in Craiova after announcing it has started manufacturing the B-Max car model at the factory.

The company will start commercial production of a 1.5 liter petrol engine early in 2013, it said in an e-mailed statement today.

The U.S. carmaker invested about 500 million euros ($624 million) in the plant and plans to bring its total investment in vehicle and engine production in Romania to more than 675 million euros, Ford said.

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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