00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Ford Motor is relocating its headquarters for the first time in seven decades,
00:06moving three miles to a new 2.1-million square foot building in Dearborn,
00:11according to the Associated Press.
00:13The new Ford World headquarters features a 160,000-square-foot food hall,
00:18design studios, fabrication shops, and a central showroom described as a James Bond villain's
00:24lair. Executives will use the space to review new products and make go-to-market decisions.
00:28Ford said the move, scheduled for completion in 2027, will accommodate more than 14,000 employees
00:35and create more collaborative workspaces than its 1956 glasshouse building.
00:40Company leaders said the project is designed to present Ford as a modern,
00:44forward-looking automaker able to attract software and AI talent.
00:48For all things money, visit Benzinga.com.
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