Ford Motors Company would invest $1.3bn in Kentucky and provide jobs to 2000 people.
Ford Motors company is about to take an initiative to appease the residents of Kentucky. The automaker would invest $1.3bn and provide 2000 job opportunities at its Truck plant in the state’s city, Louisville, to develop the future generation Super Duty pickup. The investment’s magnitude is reflective of the intent to shift next generations from steel to aluminum bodies in an effort to enhance fuel economy and cut down weight on some of the automobile manufacturer’s biggest automobiles.
Ford news exclaimed that $1.3bn was pledged under the 2011 labor contract. Apart from that, the newly negotiated 2015 agreement demands another $600 million for the future generation of Lincoln Navigator and Ford Expedition. These two vehicles are also manufactured at the automaker’s Kentucky plant. It is probable that these automobiles would also get aluminum bodies. The news of the facility was to be proclaimed by Ford’s official, Joe Hinrichs, at a ceremony on Thursday morning at the facility in Kentucky that is known for employing 4400 people.
The 2000 jobs are included in the 8500 positions proclaimed under the new 4-year UAW-Ford deal that was approved November 20. Ford news today revealed that the new F-Series Super Duty pickup was introduced in September at the State Fair of Texas and, like the F-150 that is smaller in terms of size, shifts towards a body made of aluminum. It is scheduled to be launched later in 2016 with gasoline and diesel engines.
Ford took a chance by converting F-150 to aluminum. It needed to take two assembling facilities down for a significant amount of time, which adversely affected sales in the last year’s final quarter and in 2015, as new version stocks were slowly built up.
According to Mike Levice, conversion of the Super duty vehicles would not need downtime beyond 2016’s normal summer closure at the truck facility in Kentucky. This is because the automaker would be able to complete its new body shop by 2017 to allow the assembling of the future generation model to begin whereas the outgoing model vehicle is being phased out.
Apart from the body shop, the facility is receiving new tooling and other upgrades. Ford Breaking News reported that it has also filed zoning applications to extend the plant’s production base that is known for producing chassis cabs and F-450, F-250, F-550 and F-350 Super duty pickups alongside Navigator and Expedition. With the newly introduced Super Duty, "we expect to continue growing our truck leadership,” Jose stated prior to the event.
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