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UPDATE 1-Ford investing $200 mln to build turbocharged engine in Ohio

* Shifts output of 2-liter EcoBoost engine from Spain * Production starts in late 2014, adds 450 jobs in Cleveland * Valencia plant still to make EcoBoost engine for Europe By Deepa Seetharaman DETROIT, Feb 21 (Reuters) - Ford Motor Co plans to invest nearly $200 million in its Cleveland engine plant to build a 2-liter version of its popular turbocharged engine for the company's North American lineup.

Ford to add 450 jobs at US engine plant

Ford announced plans Thursday to add 450 jobs and invest nearly $200 million at an Ohio engine plant as it expects to more than double the sale of its fuel efficient 'EcoBoost' engines. The 2.0 liter engines had previously been produced at Ford's plant in Valencia, Spain for use in the North American market. "Overall employment at the Valencia plant will not be impacted," Ford said in a statement. "The Valencia Engine Plant will transfer some employees to Valencia Assembly Plant to support increased production for C-MAX, Kuga, Transit Connect and Tourneo Connect."
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