- Ford Motor Company f said it does $700 million in new investments and the creation of 500 additional hourly manufacturing jobs in Kentucky to support new vehicle production.
- The new Kentucky investment, part of the Ford+ plan, will support an all-new F-Series Super Duty pickup that will be built at the Kentucky Truck plant in Louisville.
- The auto major is expanding in Kentucky with BlueOval SK Battery Park, a new $5.8 billion battery manufacturing complex that will create 5,000 new jobs and power Ford’s future electric vehicles.
- also read: Ford is breaking ground on a $5.6 billion complex in Tennessee that will get closer to its EV goals and will create 6,000 jobs
- Ford employs more than 12,000 people in Kentucky and supports nearly 120,000 direct and indirect jobs across the state.
- Price promotion: F shares traded 2.17% lower at $11.73 on the latest check Tuesday.
- Photo via company
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