As part of the Ford+ plan for growth and value-creation, Ford Motor Company is investing $700 million in new investment and creating 500 additional hourly manufacturing jobs in Kentucky. This will support an all-new F-Series
Super Duty pickup being built at Ford’s Kentucky Truck plant in Louisville. But, that’s not all the company is doing. Ford will be expanding its business to Kentucky with the BlueOval SK Battery Park. This new $5.8 billion battery production complex is projected to create 5,000 new jobs and provide power for Ford’s future electric vehicles.“Ford is America’s No.
The Ford Motor Company assembles more vehicles in the United States than any other automaker and produced nearly $40 billion in revenue from its F-Series pickup franchise last year. This figure is greater than the combined global revenue of Coca-Cola and Starbucks. In fact, the Super Duty subseries of pickups generates more income for Ford than major companies such as Southwest Airlines, Marriott International, or Nordstrom earn in total.
“Advanced manufacturing continues to drive significant economic growth in Louisville,” said Louisville Mayor Greg Fischer. “Built upon a rich manufacturing history, Louisville has developed a strong foundation of support that allows us to meet manufacturers’ workforce and growth needs and has led manufacturing companies to invest more than $5.2 billion in our city and create more than 10,000 new jobs since 2014. We are excited to add today’s announcement to those growing numbers.
In Kentucky’s center, Ford is planning a dedicated battery manufacturing facility with SK Innovation at the $5.8 billion BlueOval SK Battery Park – which will create 5,000 new jobs – to produce next-generation electric Ford and Lincoln vehicles. Twin battery plants on the premises are designed to supply locally manufactured batteries for future generations of electric Ford and Lincoln cars produced in North America at Ford’s North American manufacturing facilities.
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