A second supplier park will open adjacent to Ford's Valencia plant in Almussafes, Spain.
The 700,000-square-meter park will be operated by the regional government of Valencia through its property developer Sepiva. The first supplier park has 660,000 square meters and has operated since 1996.
The new park will include some Tier 1 and Tier 2 suppliers and some companies not related to Ford at all, said Hans-Jürgen Fuchs, spokesman for Ford of Europe in Cologne.
Valencia, Ford's newest European plant, was the first Ford factory to have a supplier park. Valencia remains Ford's most flexible plant and builds four models: the Fiesta, Focus, Ka and Mazda2.
Valencia government officials expect to attract about E700 million investment in the new park. Since opening in 1996, the first supplier park has attracted about E600 million from the companies involved. The new park is expected to bring in about 70 companies.
Last October, Ford added a third shift at Valencia, increasing production from 1,600 to 1,800 units daily.
"We became Ford's most flexible European plant," according to Antonio Adés, managing director of operations in Valencia. "With our robotics system, we can automatically cut production for a specific model, and boost production for another model depending upon demand."
Ford also produces engines at Valencia, and has invested E600 million to increase production since October 2001. Capacity of the engine plant is now 450,000 units per year. Ford makes 1.8- and 2.0-liter gasoline engines there.