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Old 09-05-2002, 21:10   #1 (permalink)
Mr. Embargo
 
Join Date: May 2001
Location: Embargoland
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Ford Responds To Demand For Trucks With $50 Million Plant Upgrade

Ford Motor Company today announced a $50 million investment in its Kentucky Truck Plant to upgrade its operations and boost production of its popular F-Series Super Duty trucks in response to growing consumer demand.

The investment includes a $25.2 million paint shop expansion, a $12 million overhaul of the body shop and an $8 million renovation of the plant's chassis line. Work is expected to be completed by next April.

Between now and next spring, Ford plans to increase the annual production volume of its F-Series Super-Duty trucks from the current pace of 348,000 annually.

"Kentucky Truck Plant is already one of our most efficient and modern plants, and these improvements will make it even better," said Anne Stevens, vice president, North America Vehicle Operations.

"We have a great plant and great workforce. This is an investment in our future," said Kentucky Truck Plant manager John Crew.

The 4.6 million square-foot facility produces the F-Series Super Duty, which includes the F-250, F-350, F-450, F-550, 4x2 and 4x4 Chassis cab, Crew cab and SuperCab on the main line and Ford Excursion on a second, smaller line. "The Super Duty is clearly the segment leader and is key to our long-term growth and job security," Crew said.

F-Series Super Duty trucks were about 40 percent of the 911,000 F-Series trucks sold last year in North America. In the hottest truck market ever, Ford remains the best-selling truck brand in the industry.

Kentucky Truck Plant, which began operations in 1969, employs about 6,000 hourly and salaried workers.
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