Ford Motor Company has announced a plan to invest $80 million into its Louisville, Kentucky Truck Plant to meet growing market demand for Ford F-Series Super Duty trucks.
The investment, which will be used to pay for facility upgrades, retooling, and increased capacity, will add 350 new jobs at the facility. Ford estimates that its investment and new employment opportunities will result in a 15 percent increase in annual production capacity, or approximately 55,000 units per year.
Ford’s Kentucky Truck Plant currently produces the F-250, F-350, F-450, and F-550 Super Duty pickup trucks, as well as the Ford Expedition and Lincoln Navigator. With the production increase in store for 2014, the facility will build the 5-millionth Ford F-Series Super Duty truck, which was originally introduced in 1999.
Most recently, Ford announced several rolling updates to the 2015 F-Series Super Duty, including various improvements to its 6.7-liter Power Stroke V8 turbo-diesel alongside other upgrades over the current model. The majority of the refreshed F-Series Super Duty lineup will be on sale this spring, while the F-450 will go on sale this summer. To note, Ford’s news release boasts that Ford is the top-selling truck brand in every major commercial sector.
The Blue Oval began manufacturing vehicles in Kentucky in 1913 with a mere 11 employees. The Kentucky Truck Plant opened in 1969 and now covers 6 million square feet while employing close to 4,000 people.