Ford Motor Co. will invest $400 million to retool and improve its Kansas City, Mo., assembly plant to build its Ford F-150 pickup truck and another new vehicle that Ford has not identified. The plant currently produces the Ford Escape SUV, but the automaker is concentrating production of that vehicle at its Louisville, Ky., plant.

This is the fourth plant remodeling Ford that has announced in recent years for its North American operations.

The capital investment at Kansas City will cover installing a new body shop and new tooling, among other improvements. Ford indicates it will maintain 3,750 full-time jobs there, including assembly line positions.

Ford is receiving Missouri state tax incentives relating to its capital investments and job retention with the project.

"This investment and promise of a new vehicle to be built in Kansas City reinforces Ford's commitment to U.S. manufacturing and American jobs," stated Ford’s president for the Americas, Mark Fields. "Investing in our plants, products and people is critical to Ford's ability to compete with the best in the business. Ford is committed to doing everything it takes to work with its partners, including the United Auto Workers, to remain competitive."
 

Tags:

Original Hyperlink: http://www.americanmachinist.com/304/News/Article/False/86823/..

For more information from this magazine/website? Please click here http://www.americanmachinist.com

About Us:AMERICAN MACHINIST serves the metalworking marketplace. Industries include aerospace, agricultural equipment, the appliance industry, automotive, construction equipment, consumer products, electric/electronic equipment, food/beverage equipment, industrial machinery, machine tool/forming equipment, marine/shipbuilding, medical devices, the oil/gas industry, packaging equipment, power generation equipment, pulp/paper/processing equipment, non-automotive transportation, fabricated metal products and others allied to the industry.

Note: The copyright and the ownship of the brand, product names, product numbers, and content mentioned belongs to their repective companies.