Ford’s Cleveland Engine Plant #1 has been around since 1951. It was where Ford built its first overhead valve V8 engine, and where many of the famed 5.0 engines were also built. The plant has had its ups and downs, and even came close to shutting down in 2000, when the 5.0 engine was finally phased out.

The Detroit News has reported that Ford has invested another $155 million into the plant, as well as added 60 jobs, so the plant can crank out the new 3.7 liter V6 engine found in the Mustang.

Picture: The Cleveland Leader

The move is part of a much larger program by Ford to introduce nine new-or-improved engines and transmissions this year. Ford has already invested $55 million to reopen the Cleveland plant last year, so that the plant could start producing the 3.5 liter EcoBoost V6. It will now be built alongside the 3.7 liter V6, which makes us wonder just how many parts (if any) the two engines share.

Union leaders also apparently expect Ford to add a second shift to the plant, and with good reason. Ford’s pre-order sales of the 2011 Mustang, with the new 305 horsepower V6 and 412 horsepower V8, have exceeded expectations. Over 11,000 orders have been taken so far, half of those with a V6. Ford is going to need the Cleveland plant operating at high capacity to meet all that demand. Sounds good to us!

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