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Thursday, June 2, 2011

Ford Plans To Invest About $100 Million In Robotic Laser Technology

- Ford Plans To Invest About $100 Million In Robotic Laser Technology



Jun 2, 2011

Ford (NYSE:F) plans to invest about $100 million in robotic laser technology to make parts fit better and reduce wind noise inside the vehicle.

The company said that it was installing the equipment first at plants that make the Ford Focus and the Explorer crossover sport utility vehicle.

Ford Motor has a potential upside of 39.9% based on a current price of $14.23 and an average consensus analyst price target of $19.91.

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