Neil A. Carousso is the producer of The 880 Weekly Rewind with Lynda Lopez, airing Friday nights at 7 PM on WCBS Newsradio 880. Each week Lynda talks with newsmakers for a deep dive into the top stories of the week and the impact it has on people.
Neil A. Carousso produces and co-hosts WCBS Newsradio 880’s Small Business Spotlight series with Joe Connolly. Click here to watch the weekly video segments featuring advice for business owners on survival, recovery and growth opportunities.
  • More Winning and More Big League Jobs: Ford Makes Huge American Jobs Announcement

    By Neil A. Carousso

    Ford, following a January 3 announcement in which the automaker canceled a $1.6 billion Mexican plant, said Tuesday it will invest $1.2 billion in the United States, securing 3,700 American jobs. The Dearborn car company will invest the money at three locations in Michigan, including $850 million at its Michigan Assembly Plant in Wayne to make the new Ford Ranger and Ford Bronco, showing optimism over a re-emerging SUV market.

    Ford’s $1.2 billion investment includes plans to add 130 new American jobs at its engine plant in Romeo, where it will spend $150 million to expand its capacity to make engine components for the Ranger and Bronco. It will also spend $200 million to build a new advanced data center adjacent to its assembly plant in Flat Rock.

    Ford originally pledged to put $700 million into that plant as part of the labor deal. In January, Ford announced plans to build its new Bronco SUV and Ranger pickup in Michigan.

    President Donald Trump touted the announcement on Twitter at 6:36 AM ET.

    “These Michigan Assembly Plant and Romeo Engine plant announcements are consistent with what we agreed to and talked about with the UAW in 2015 negotiations,” said Ford President of the Americas Joe Hinrichs.

    President Trump gives two thumbs up when embarking on his quest to renew American jobs and the American spirit  following the election. (NBC News photo from December 1, 2016 at Carrier's plant in Indianapolis, IN)
    President Trump gives two thumbs up when embarking on his quest to renew American jobs and the American spirit following the election. (NBC News photo from December 1, 2016 at Carrier’s plant in Indianapolis, IN)

    Below is an updated list of the “big league jobs” announcements since Mr. Trump’s election. Roughly $108.9 billion in U.S. investments has been pledged with approximately 1,883,830 U.S. jobs being created that can be credited to President Trump’s pro-growth, pro-business policies.

    1. Carrier: Keeping 1,100 American jobs instead of sending to Mexico
    2. SoftBank CEO Masayoshi Son: Investing $50 billion to create 50,000 American jobs
    3. Sprint: Bringing back 5,000 jobs to the U.S. that were sent overseas
    4. OneWeb (new company): Creating 3,000 jobs in the U.S. (associated with Son’s guarantee)
    5. Ford: Cancels $1.6 billion plant in Mexico, saving 3,500 American jobs. Creating new innovative center as an expansion of its Flat Rock, MI plant by investing $700 million in the U.S. and creating 700 American jobs
    6. Qualcomm and Apple will invest in SoftBank’s new technology fund, SoftBank Vision Fund that is being used to create 50,000 American jobs.
    7. Fiat Chrysler announces it would spend $1 billion on U.S. manufacturing, including modernizing plants in Michigan and Ohio, adding 2,000 new American jobs.
    8. Toyota will spend $10 billion in U.S. capital investments and will expand its U.S. plants over the next five years.
    9. Alibaba Chief Executive Jack Ma met with Trump to discuss the creation of 1 million American jobs, specifically focusing on small business growth.
    10. Amazon will create 100,000 jobs in the first year and a half of the Trump Presidency.
    11. Wal-Mart will create 10,000 jobs in the U.S. this year.
    12. General Motors will invest $1 billion in its U.S. factories this year, moving some parts of production from Mexico to the United States that was previously handled by a supplier.
    13. Toyota will add 400 American jobs to build more SUVs at an Indiana assembly plant.
    14. Amgen will add 1,600 jobs.
    15. Intel will invest $7 billion in innovation in an Arizona factory, creating 3,000 specialist positions and 10,000 support jobs.
    16. Delta announces it will hire 25,000 jobs over the next 5 years.
    17. Lockheed Martin will create 1,800 new jobs.
    18. Exxon Mobil will invest $20 billion to create 35,000 temporary construction jobs and 12,000 high-wage permanent jobs.
    19. Charter Communications will invest $25 billion in broadband infrastructure over the next four years to create 20,000 high-paying, highly beneficial American jobs.
    20. Ford will invest $1.2 billion in Michigan, securing 3,700 American jobs and creating 130 jobs.

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