Ford, SK On officially break ground on $5.8 billion plant, announce new training center
The ground has officially been broken (and then some) on Kentucky’s biggest economic development deal to date. Ford Motor Co. (NYSE: F) and SK On hosted a groundbreaking ceremony Monday at BlueOval SK Battery Park, the joint venture’s $5.8 billion investment in Glendale, Kentucky. Officially, it was a groundbreaking but there are structures on the property, so the project is actually well past that stage.