Ford Motor Company will Invest $80 million and add 350 new jobs at its Louisville, Kentucky
, Truck Plant to meet growing demand for Ford F-Series Super Duty trucks.
Improvements to the automakers manufacturing campus will include facility upgrades, retooling and increased capacity to meet market demand, the company said. The investment and new employment opportunities are estimated to result in a 15 percent increase in production capacity, or approximately 55,000 units.
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.
“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. “Building on more than 100 years of manufacturing in Kentucky, we are proud to expand our profitable growth in the region as a result of our leadership in trucks and SUVs.”
“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. “It’s especially rewarding to know these jobs come as a result of customer demand. It shows customers understand and appreciate the dedication our UAW Ford workers put into delivering top-quality products like Ford F-Series Super Duty.”
“This is a great day to be both ‘Ford Tough’ and a Kentuckian,” said Gov. Steve Beshear
. “For more than a century, Ford has created quality vehicles and quality jobs in the Commonwealth of Kentucky. I’m looking forward to seeing even more Kentucky-made Ford F-Series pickups on the roads, and more Kentuckians back to work as a result of this investment.”
Celebrating its 65th anniversary last year, Ford F-Series topped 750,000 sales in 2013, with more than 70,000 trucks sold in December after eight straight months of sales above 60,000 vehicles. On average, a single F-Series pickup was sold every 41 seconds in 2013.
“F-Series continues to dominate the segment, widening the gap between Ford and key competitors,” said Doug Scott, Ford truck group marketing manager. “The continued domination of F-Series has made the Blue Oval not just the industry leader for trucks, but America’s favorite truck manufacturer.”