FORD announces plans to invest $1 Billion in Chicago Assembly and hire 500 workers!
Nothing like a Great American company doing a Great American, America-First kinda thing. It’s good to see one of the Rust Belt’s (or if you prefer Steel Belt) finest great American companies get back to work to assemble great American automobiles (hopefully) with great American steel. One word: ‘Merica.
Ford’s intentions are to invest $1 billion for assembly operations in Chicago, and create 500 JOBS.
As reported by nbcnews.com
Ford said Thursday it will hire 500 workers and invest $1 billion in its Chicago assembly operations to help keep up with booming demand for sport and crossover-utility vehicles.
The announcement comes on the heels of cross-town rival GM axing 4,000 workers, and is part of the $11 billion restructuring Ford announced last fall that includes dropping all passenger car models except the iconic Mustang. It is shifting resources to light trucks, like those it is building in the Windy City.
The Chicago Assembly and Stamping Plants currently build both the full-size Taurus sedan and Explorer SUV. The Taurus will be dropped as part of Ford’s move out of passenger cars, but the Explorer is enjoying a level of growth it hasn’t experienced in decades.
The investment plan will allow Ford to expand capacity for the Explorer as well as the new Explorer Police Interceptor it is launching. Ford has traditionally dominated the market for police vehicles and expects the Interceptor — which debuted last month at the Detroit Auto Show — to expand its hold.
Also scheduled to go into the Chicago Assembly Plant is the all-new Lincoln Aviator, a big, three-row sedan that is winning early praise and could become a critical part of Ford’s drive to revive the long-struggling luxury brand.
The $1 billion investment will be used to add “advanced manufacturing technologies,” according to company sources, and also to train workers to both boost plant efficiency and improve quality.