Ford expanding SUV line with major investment at Louisville plantKAM
Ford Motor Co. has announced a major investment at a Louisville plant that makes large SUVs.
Ford will spend $900 million in upgrades at the Kentucky Truck Plant to build the all-new Ford Expedition and Lincoln Navigator, which will begin arriving at dealerships this fall.
The two full-size SUVs will be exported to over 55 markets globally, including the Navigator to China.
“Large SUVs are attracting a new generation around the world, and we’re finding new ways to deliver the capability, versatility and technology that customers around the world really want, with our all-new Ford Expedition and Lincoln Navigator,” said Joe Hinrichs, executive vice president at Ford.
There are no new positions involved, but Ford said this will “secure” 1,000 jobs for hourly workers at the truck plant and is in addition to the $1.3 billion investment and 2,000 jobs created in 2015 to build the all-new Ford Super Duty.
There are currently 7,600 full-time hourly employees there.
“The highest compliment that a business can give us is to continue to invest in Kentucky,” said Gov. Matt Bevin. “This $900 million investment demonstrates that Ford is being successful in Kentucky and that Kentucky is attentive to the needs of business. We are ecstatic that Ford has chosen to make this additional investment here, securing the futures of 1,000 of its employees, and we will continue to work closely with the company to ensure its long-term success.”
Read original article from Tom Latek | Kentucky Today here.