If you enjoy the content at iBankCoin, please follow us on TwitterFord (F) and its joint-venture partner said Thursday they will build a $760 million assembly plant in Hangzhou, bringing Ford’s investment in China since 2006 to $4.9 billion.
The Hangzhou plant, built with Changan Ford Mazda Automobile, will open in 2015 with an initial production capacity of 250,000 units.