Ford said it would spend US$80m and add 350 jobs at its Kentucky Truck Plant to increase production by an estimated 15% (about 55,000 units) to meet demand.
The spend will be on general factory upgrades, retooling and automation improvements in the body and paint shops.
With the production increase in 2014, The plant will build its 5,000,000th F-Series Super Duty since the truck’s introduction in 1999.
Ford Motor Company (NYSE: F), the industry’s truck leader, will add 350 new jobs and invest $80 million in its Kentucky Truck Plant to meet growing demand for Ford F-Series Super Duty trucks.
“Customer demand for F-Series Super Duty trucks is growing substantially, and F-Series overall is America’s best-selling truck for 37 years running,” said Ford president of The Americas, Joe Hinrichs.
“Building on more than 100 years of manufacturing in Kentucky, we are proud to expand our profitable growth in the region as a result of our leadership in trucks and SUVs.”
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By GlobalDataThe plant produces F-250, F-350, F-450 and F-550 Super Duty pickups, as well as the large Expedition and Lincoln Navigator SUVs.
Ford began manufacturing vehicles in Kentucky in 1913 with 11 employees. Kentucky Truck Plant, opened in 1969, now covers 6m sq ft and employs close to 4,000 people.