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Ford, JPMorgan Chase and Michigan Establish $3B Manufacturing Initiative

Ford and JPMorgan Chase each pledged up to $1 billion as the initiative links manufacturers with suppliers, financing and workforce support.

The automaker and bank are partnering with the state to tackle challenges in scaling robotics and automation, critical minerals processing and other priority areas.

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Business Wire broke the news in Crystal River, United States on Tuesday, September 29, 2026.
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