Ford Motor Company is investing $1.2 billion in three Michigan manufacturing facilities - Michigan Assembly Plant, Romeo Engine Plant and Flat Rock Assembly Plant - to strengthen its leadership in trucks and SUVs and support the company's expansion to an auto and mobility company.
"Car companies coming back to US", the president added.
The official announcement was touted to be planned for Tuesday morning.
Three Ford factories in MI could receive over a billion dollars, according to sources.
Ford has lowered its outlook through 2019 for what it expects used cars to fetch at auctions, due to the glut of models coming off lease over the next few years. Of that, $850 million is earmarked for its Michigan Assembly plant in the Detroit-area city of Wayne, where the new Ford Ranger and Ford Bronco will be made.
Hinrichs said it is too early to say how many white-collar jobs will be created, but the number is expected to be significantly smaller than what is being announced at the Michigan Assembly Plant. Additional investments include $150 million at the Romeo Engine plant and $200 million for an advanced data center related to the company's mobility and autonomous vehicle initiatives.
- This report was updated at 10:32 a.m.
Ford said last week that it expected higher investments, as well as other spending, to drag on 2017 earnings.
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That investment comes as more USA consumers are buying large vehicles; trucks and SUVs made up about 60 percent of new vehicle sales in 2016.
The decision to put the Ranger and Bronco into the Michigan Assembly Plant was actually locked into place in the four-year contract that Ford signed with the United Auto Workers Union in late 2015.
Ford said all but Dollars 200 million of the new investment was part of its labor contract with United Auto Workers, the union representing Ford plant employees, which secured a commitment for Dollars 9 billion in investments in U.S. plants by 2019.
But in jointly announcing the new investment, Ford and UAW clearly credited their 2015 labor agreement.
"You need to come back and give us big numbers in terms of jobs", Trump told the chief executive officers of Ford, General Motors Co. and Fiat Chrysler Automobiles NV on March 15.
The Michigan Economic Development Corporation is set to approve new state incentives for Ford at a meeting Tuesday.
Ford in January scuttled plans for a $1.6 billion facility in Mexico to move production of the Focus sedan.
While Trump has been quick to take credit on Twitter for bringing back American manufacturing jobs, this may not be one he can champion as his own work.