DETROIT -- Ford Motor Co. said Friday it will upgrade three of its Mexican plants over the next several years but did not comment on where it will build a new low-cost plant.
"We remain committed to a new, low-cost manufacturing facility," said Mark Fields, Ford's president of the Americas, in a statement. "But we have made no decisions on where it will be located."
Ford has said it will build a low-cost plant in North America as part of its Way Forward recovery plan. Leaked copies of what appeared to be an in-house proposal for increased capacity in Mexico spurred reports this week that the plant would be built in Mexico. The proposal included other possible Mexican projects totaling $9.2 billion.
Ford will upgrade assembly plants in Cuautitlan and Hermosillo, as well as its engine plant in Chihuahua. Ford did not reveal the cost or capacity increases involved.
Ford builds the Ford Fiesta Ikon and F-series Heritage and Super Duty pickups in Cuautitlan. It builds the Ford Fusion, Lincoln Zephyr and Mercury Milan in Hermosillo.
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