Ford, UAW agree to $200-million transmission investment

The UAW said Friday that it reached an agreement with Ford Motor Co. to invest $200 million to build a new fuel-

efficient transmission at its Sharonville, Ohio plant.

“This shows what we can accomplish when we work together to preserve good-paying manufacturing jobs in the United

States," UAW President Ron Gettelfinger said in a statement.
 
UAW Vice President Bob King said the plant's workers "earned the agreement."

Lloyd Mahaffey, director of the UAW's Region 2B, which includes Ohio, said the investment gives workers a great

opportunity to “power the Ford vehicles of the future.”