Ford to invest $900 million in Kentucky plant
Louisville is enjoying an upturn in the local economy, thanks to the leadership of Mayor Greg Fischer and his team. Through hard work and a commitment to build economic stability in the region, the city’s leadership has brought in new businesses and increased investment from both national and international companies
In the article below by Lauren Thomas | @laurenthomasx3 from CNBC we can see how the trend is emerging.
CNBC.com
- The $900 million investment comes in addition to the $1.3 billion investment and 2,000 jobs created at the same Kentucky plant in late 2015.
- This particular plant in Louisville employs about 7,600 full-time hourly workers.
- The carmaker said it has plans to save $1 billion in investment costs, compared with an original plan for $500 million in savings.
Ford Motor has plans to invest $900 million in its Kentucky truck plant, securing — not adding — 1,000 hourly jobs, the company said Tuesday.
The 1,000 positions will be centered around building Ford Expeditions and Lincoln Navigators, which are expected to be exported to more than 55 markets globally after being completed, the carmaker said.
“This manufacturing plan allows the company to further grow its leadership as an exporter and deliver world-class Focus to North American customers in a way that makes business sense — with no U.S. employees out of a job,” Ford said in a statement.
Additionally, no U.S. hourly employees will be out of a job tied to the new manufacturing plan for Focus, the company went on.
The $900 million investment comes in addition to the $1.3 billion investment and 2,000 jobs created at the same Kentucky plant in late 2015, to build the Ford Super Duty, Ford said.
This particular plant in Louisville employs about 7,600 full-time hourly workers.
Production on these new, fuller-size vehicles will begin in the second half of 2019, Ford said.
The Michigan-based vehicle manufacturer said its latest manufacturing plan will save the company $1 billion in investment costs versus its original Focus production plan, which was anticipated to make $500 million in savings.
Traveling From the Ford Plant to Nulu Roofing Offices
Nulu Roofing has recently been carrying out roof inspections at the Ford facility with the view of bidding for major roof repair and in some places replacement on several of the large manufacturing and storage units. We are very happy to be undertaking this work and appreciate the opportunity. Drive time from our facility in Nulu to the Ford plant is approximately 25 minutes, (45 minutes in peak traffic)
