Business Minister Mark Prisk has signed the paperwork for Ford’s EIB loan and Government backing for low carbon engine development at Ford’s technical centre at Dunton, Essex.
Ford of Britain has taken a £450 million loan from the European Investment Bank (EIB), which the Government has backed with a £360 million loan guarantee. Ford is investing £1.5 billion over the next five years for the development of a new generation of environmentally friendly engines and vehicle technologies. The Dunton site is one…
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