
WIXOM, Mich., Sept. 10, 2009 – Ford Motor Company today joined Xtreme Power of Austin, Texas, and Clairvoyant Energy of Santa Barbara, Calif., to announce that the idled Wixom Assembly Plant will be transformed into one of the nation's largest renewable energy manufacturing parks.
- Ford Motor Company's Wixom Assembly Plant will be idled will be converted into one of the largest parks in the country's renewable energy production
- Ford has reached an agreement in principle to sell Wixom Assembly Plant to Xtreme Power of Austin, Texas, and Clairvoyant Energy of Santa Barbara, Calif., which will manufacture energy storage systems and high-efficiency solar panels at the site
- Clairvoyant Energy and Xtreme Power plan an initial investment of $725 million to redevelop the 320-acre site and its 4.7 million square feet of plant space. The renewable energy manufacturing park is expected to create more than 4,000 jobs on site and in the surrounding area, as well as support thousands of indirect jobs
- For the past nine months, Ford has with Clairvoyant Energy, Power Xtreme and plans of state and local officials on a redevelopment Wixom Assembly to be held responsible for important economic development for Michigan, which is consistent with the partnership, "Ford's commitment to environmental sustainability
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