Ford Ramps Up Investment In Kentucky; Adds More Hourly Jobs

Shivani Kumaresan

Tue, Sep 27, 2022, 2:30 PM1 min read

In this article:

Ford Motor Company (NYSE: F) said it is making $700 million in new investment and creating 500 additional hourly manufacturing jobs in Kentucky to support new vehicle production.
The new investment in Kentucky, part of the Ford+ plan, will support an all-new F-Series Super Duty pickup built at the Kentucky Truck plant in Louisville.
The auto major is expanding in Kentucky with the BlueOval SK Battery Park, a new $5.8 billion battery production complex that will create 5,000 new jobs and power Ford’s future electric vehicles.
Also Read: Ford Breaks Ground At $5.6B Complex In Tennessee Inching Closer To Its EV Goals, Set To Add 6K Jobs
Ford employs more than 12,000 people in Kentucky and supports nearly 120,000 direct and indirect jobs in the state.
Price Action: F shares are trading lower by 2.17% at $11.73 on the last check Tuesday.
Photo Via Company

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Ford Ramps Up Investment In Kentucky; Adds More Hourly Jobs

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