Ford Invests $80 Million, Creates 350 Jobs at KY Truck Plant for F-Series
Ford Motor Company (NYSE: F), the industry’s truck leader, will add 350 new jobs and invest $80 million in its Kentucky Truck Plant to meet growing demand for Ford F-Series Super Duty trucks.
The $80 million will pay for facility upgrades, retooling and increased capacity to meet market demand. The investment and new employment opportunities are estimated to result in a 15 percent increase in production capacity, or approximately 55,000 units.
“Customer demand for F-Series Super Duty trucks is growing substantially, and F-Series overall is America’s best-selling truck for 37 years running,” said Joe Hinrichs, Ford president of The Americas.
Kentucky Truck Plant
Kentucky Truck Plant produces F-250, F-350, F-450 and F-550 Super Duty pickups, as well as Ford Expedition and Lincoln Navigator. With the production increase in 2014, the plant will build the 5-millionth Ford F-Series Super Duty. The truck was introduced in 1999.
“We are happy to be adding new jobs at Kentucky Truck Plant, because we know the impact these jobs will have on the local community,” said Jimmy Settles, UAW vice president, National Ford Department.
Ford began manufacturing vehicles in Kentucky in 1913 with 11 employees. Kentucky Truck Plant, which opened in 1969, covers 6 million square feet and employs close to 4,000 people.
More information at:www.ford.com.
Category: Featured, General Update, Vehicles
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