Ford Invests $1.3 Billion in Kentucky Truck Plant
In preparation for the 2017 Ford F-Series Super Duty, Ford will invest $1.3 billion in its Kentucky Truck Plant. That money will help fund an all-new body shop, retooling of the production lines, and other shop upgrades. With the launch of the 2017 F-Series Super Duty, Ford will create 2,000 new jobs.
This investment comes after an $80 million investment in 2014 to meet the growing demand for the Super Duty, as well as a $129 million investment to help with Lincoln MKC production at the Louisville Assembly Plant. The Kentucky Truck Plant was opened in 1969, and employs nearly 4,400 workers.
"With the introduction of the all-new Ford Super Duty, America's best-selling heavy-duty pickup, we expect to continue growing our truck leadership," said Joe Hinrichs, Ford President of the Americas, in a release. "Through this investment, we are continuing to show our commitment to Kentucky and the city of Louisville, as well as bringing customers industry-leading trucks to help them take care of business and earn a living."
The 2017 Ford F-Series Super Duty will feature an aluminum body with a new high-strength steel frame, will be powered by a range of diesel and gas engines, and will be offered in five models, including the XL, XLT, Lariat, King Ranch, and Platinum. The new model will go on sale late 2016.