Ford, JPMorgan and Michigan join effort to support US manufacturers

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  Ford, JPMorgan and the state of Michigan are teaming up to support US manufacturers and startups.

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  The effort aims to connect them with capital, customers and government support.

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  Ford CEO Jim Farley says the company will commit $1 billion in purchasing to companies building capabilities in areas including advanced manufacturing, magnets and rare earths.

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  JPMorgan Chase CEO Jamie Dimon says the bank will lend capital through its broader security and resiliency push.

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  The effort comes as the US tries to rebuild supply chains that were moved overseas.

Who

Ford, JPMorgan and the state of Michigan.

What

They are teaming up to connect manufacturers and startups with capital, customers and government support.

When

The article was published on October 11, 2026. The partnership start date is not stated.

Where

The United States, including Michigan.

Why

The US is trying to rebuild supply chains that were moved overseas.

This story does not have two clearly opposing sides.

No direct quotes in the coverage so far.

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