Ford will invest $680M in plant near Toronto


DETROIT — Ford Motor Co. says it will sink $680 million into an assembly plant near Toronto to add models and meet increased demand for vehicles around the world.

The investment will preserve the Oakville, Ontario, plant’s 2,800 jobs and expand its manufacturing capability, the company said Thursday.

The 5.5 million-square-foot plant now makes the Ford Edge and Flex crossover SUVs, as well as the Lincoln MKX and Lincoln MKT. Ford did not say what other models would be added.