UPDATE 1-Ford to invest $350 mln in Livonia transmission plant in Michigan

(Adds details, prior investments, current stock price) By David Shepardson WASHINGTON, May 19 (Reuters) - Ford Motor Co said Friday it would invest $350 million to upgrade its Livonia transmission plant in Michigan as the company expands its lineup of powertrains. The investment is part of the company's previously disclosed commitment to invest $9 billion and create or retain 8,500 hourly jobs in its U.S. facilities in the next few years. ...

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