Ford to invest $1.8 billion to become first in Canada to build full battery electric vehicles
Article continues below
Topics: FORD
Based on the collective agreement ratified by employees, Ford is committing to transform its Oakville Assembly Complex from an internal combustion engine (ICE) site to also become a BEV manufacturing facility, starting in 2024, as well as introducing a new engine program at its Windsor operations.
Employees have also voted in favour of the three-year agreement that enables several operational improvements to increase the efficiency of Ford's Canadian facilities, including:
Competitive alternative work schedules to maximize production flexibility Enhanced temporary employee program
Ford of Canada's hourly employees also receive a number of benefits, including:
2.5% wage increase twice over the life of the agreement
C$7,250 ratification bonus for full-time permanent employees and $500 for temporary employees
Reduced grow-in period for new hires from 11 years to eight years. ■