Monthly Archives March 2015

Onshoring: Ford Shifts Some Manufacturing from Spain & Mexico to Cleveland Area

The Ford Motor Co. branded an engine EcoBoost, a name designed for a motor that reduces fuel consumption and emissions. However, when it comes to Northeast Ohio, EcoBoost could also mean “Economy Boost” as Ford moves production from Spain and Mexico to the region. An official from the Federal Reserve Bank of Cleveland recently said the city is enjoying a genuine economic turnaround — a view that the Cleveland Plain Dealer said was a “strong message of optimism” they’re not used to hearing. Mark Schweitzer, a senior vice president at the bank, noted that Cleveland’s economic performance today is healthier than in the
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