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.

Oil & Gas Post

Promote Your Page Too

Obama to call for more use of natural gas, biofuels

Obama to call for more use of natural gas, biofuels



President Obama will set a goal today of reducing the nation's oil imports by one-third by 2020, according to The Washington Post. The president will call on Congress and Americans to accomplish the goal by conserving energy, using more natural gas and biofuels, setting higher fuel standards for heavy trucks, and drilling for oil in more areas.