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Ford to Locate 1,000 Employees in Soon-to-Be Former Masco Headquarters Building as Part of Campus Transformation
- Ford Land is leasing transitional work space for nearly 1,000 Ford Motor Company employees as its Dearborn campus transformation continues
- Automaker taking over Masco building in nearby Taylor, Michigan, as the home improvement products manufacturer is moving to new headquarters; lease includes adjacent former retail space
- Newly leased properties provide transitional space for Ford during the 10-year transformation of its more than 60-year-old campus facilities
DEARBORN, Mich., April 5, 2017 – Ford Land announced today an agreement with Masco Corporation to lease buildings in nearby Taylor, Michigan, as that company is moving its headquarters. Ford will use the buildings as transitional office space for nearly 1,000 employees as the automaker continues to transform its Dearborn campus.
The announcement is part of Ford’s 10-year transformation of its more than 60-year-old Dearborn facilities, which will co-locate 30,000 employees from 70 buildings today into primarily two locations – a product campus and a world headquarters campus.
“As our campus transformation continues, we need transitional work space in close proximity to our campus,” says Dave Dubensky, chairman and CEO, Ford Land. “Masco’s headquarters building offers the needed space and amenities for our employees, and it’s in close proximity to our Dearborn campus.”
The four-story, 416,000-square-foot building has ample office and open collaboration workspace, an indoor courtyard, full-service café and 24-hour fitness center. Ford employee shuttle service will be expanded to include the new location, which is less than five miles from the Dearborn campus.
Last year, Masco announced plans to relocate its headquarters from Taylor to Livonia, Michigan. The company plans to complete the move by June. Ford will move into the building shortly thereafter.
“On behalf of Masco, which has been a resident of Taylor for nearly 50 years, I am pleased that we are leaving our building in the good hands of a company that has shown strong commitment to the Detroit metropolitan area,” says Keith Allman, Masco president and CEO.
Ford has also leased an adjacent 140,000-square-foot former retail store owned by Masco. The space will be used for additional capacity throughout Ford’s Dearborn campus transformation.
For more details on the Ford Dearborn Campus transformation plan click here.
About Ford Motor Company
Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services. The company does that through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough electric vehicles along with embedded software that defines exceptional digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Additionally, Ford provides financial services through Ford Motor Credit Company. Ford employs about 174,000 people worldwide. More information about the company and its products and services is available at corporate.ford.com.
About Masco Corporation
Headquartered in Taylor, Mich., Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Our portfolio of industry-leading brands includes Behr® paint; Delta® and Hansgrohe® faucets, bath and shower fixtures; KraftMaid® and Merillat® cabinets; Milgard® windows and doors; and HotSpring® spas. We leverage our powerful brands across product categories, sales channels and geographies to create value for our customers and shareholders. For more information about Masco Corporation, visit masco.com.