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LIMA, Ohio -- Ford says it will invest $500 million and add 300 jobs at its engine plant in northwestern Ohio so that it can begin making a new V-6 engine.

The automaker announced Friday that the plant in Lima will make the new 2.7-liter engines for the 2015 Ford F-150.

Ford's Lima engine plant employs about 900 workers.

The company announced earlier this month that it will build its Ford F-650 and F-750 trucks at its assembly plant west in Avon Lake, west of Cleveland.

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