LIMA, Ohio -- Ford Motor Co. announced Thursday that it will invest $500 million to upgrade its Lima Engine Plant and add 300 new jobs to support production of the all-new 2.7-liter EcoBoost engineered for the next-generation 2015 Ford F-150.

“Our truck customers have spoken, and we continue to meet their evolving needs by providing another V6 option in the all-new 2015 F-150,” said Joe Hinrichs, Ford president of The Americas. “The hardworking team at Lima Engine is thrilled to begin building one of the most technologically advanced engines ever designed for America’s No. 1 truck.”

Ford’s investment in Lima follows the automaker's announcement in early March that it will shift production of Ford F-650/F-750 medium-duty trucks from Mexico to its Ohio Assembly Plant in Avon Lake early next year.

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