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Ford investing $700M in Kentucky truck plant, adding 500 jobs

Sept 27 (Reuters) - Ford Motor Co said Tuesday it will invest $700 million and add 500 jobs at its Kentucky plant to support production of its new 2023 model year F-Series Super Duty truck.

The No. 2 U.S. automaker and its South Korean battery partner SK Innovation said in September 2021 they would invest $11.4 billion to build an electric F-150 assembly plant and three battery plants in the United States. The companies said they would invest $5.8 billion in Kentucky, and $5.6 billion in Tennessee. The Kentucky JV will create about 5,000 jobs. (Reporting by David Shepardson)