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.. . . . . 2000 Restructuring of the Automotive Operations:
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Ford of Europe: 2000 Restructuring
COLOGNE, Germany, May 12, 2000 - Dagenham Engine Plant, already Ford's sole global source of diesel engines, is set for further expansion and development with the announcement of an opportunity to gain an additional engine programme for global applications. Between 80,000-100,000 additional diesel engines could be added at the Engine Plant within the next three years as part of Ford of Europe's business review strategy. The engines would be incremental to planned production of three new engine families already scheduled for introduction, and for which $500 million investment has previously been committed. Including the additional new engines, total production at the plant will be almost one million engines a year. The additional engine, a large capacity diesel, would be destined for a range of Ford Motor Company vehicles. Ford of Europe President David Thursfield, said: "The Dagenham Engine Plant is recognised as having produced high levels of performance, coupled with flexibility, to take advantage of business situations as they arise and it is this track record that has generated the confidence to invest further." The Dagenham plant is already set to produce a new family of diesel engines being developed in conjunction with Peugeot PSA, will produce a larger engine under Ford development and will also continue to produce Ford's large capacity I-4 petrol engine for Galaxy and Transit. As part of the Ford of Europe restructuring announced today, Dagenham Engine Plant is to become Ford's global centre of diesel engine manufacture. This will be enhanced by the relocation to Dagenham of some 240 employee from the presently Dunton-based Diesel Engineering and Development team, further strengthening Ford's diesel engine design and manufacturing process to achieve best-in-class technology and products.
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