Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Fayette | Henderson | Lakes | McCracken | Warren | Webster

Ford to Increase Capacity at Kentucky Truck Plant; $80 Million Investment to Create 350 New Jobs

Ford truck badge 300FRANKFORT Ky. (2/2/14) – Governor Steve Beshear today joined company officials and local leaders in Louisville to announce Ford will boost production capacity at the Kentucky Truck Plant (KTP) to meet surging demand for F-Series Super Duty trucks.

The increase will create 350 new jobs and an $80 million investment.

“This is a day of celebration for Ford and Kentucky,” said Gov. Beshear. “Ford has a long-standing tradition of creating quality vehicles and quality jobs in the Commonwealth. Kentucky is already the third largest auto producing state in the country, and Ford’s expansion will push us closer to the top. I’m looking forward to seeing even more Kentucky-made F-Series pickups on the roads and more Kentuckians back to work as a result of this investment.”

Ford’s investment to increase production of F-Series Super Duty trucks

Ford’s investment will increase F-Series Super Duty production capacity by an estimated 15 percent to satisfy customer demand. The investment will support facility upgrades, retooling, and significant automation and through-put improvements in the body and paint shops.

KTP, which employs nearly 4,000 people, produces the F-Series Super Duty trucks, and the Expedition and Lincoln Navigator SUVs.

“Ford has been manufacturing in Kentucky for more than 100 years and our success here is a direct result of the great partnership we have with the Commonwealth and the city of Louisville,” said Joe Hinrichs, Ford president of The Americas. “Today’s announcement will help us meet the growing customer demand for F-Series trucks built right here by the hard working Ford UAW members.”
 
This is the latest in a series of Ford announcements in Kentucky. Late last year, Ford announced plans to produce its all-new 2015 Lincoln MKC premium utility vehicle at the Louisville Assembly Plant (LAP), which also produces the Ford Escape. LAP employs about 4,500 hourly workers, making it Ford’s largest North American plant in terms of employees.
 
Since 2010, Ford has invested $1.2 billion among its two Louisville plants. To secure Ford’s most recent investment and job growth at KTP, as well as to encourage Ford to make up to a total of $800 million in new investments over the next few years, the Kentucky Economic Development Finance Authority (KEDFA) today amended the company’s approval for tax incentives through the Kentucky Jobs Retention Act (KJRA) to up to $290 million.
 
“The success of the Escape at the Louisville Assembly Plant and now the new investment at the Kentucky Truck Plant is great news for our community, the Ford Motor Company and the UAW members who work at that plant,” said Representative Larry Clark, of Louisville. “This is further proof that Jefferson County and the Commonwealth of Kentucky are second-to-none when it comes to auto manufacturing.”  
 
“Ford’s history is Louisville’s history – and this new investment further solidifies our 101-year partnership,” said Louisville Mayor Greg Fischer. “Customers across America have shown their confidence in Ford trucks and our local Ford employees, as evident by the increased demand for these great American-made products.”
 
“It is truly exciting to see this partnership between Ford and Louisville continue to grow and flourish,” said James Reddish, economic and workforce development vice president for Greater Louisville Inc. “This expansion, with its hundreds of jobs, is representative of the confidence that Ford has placed in our community and the commitment we have pledged in terms of our talent pool and emphasis on advanced manufacturing.”
 
In 2013, Ford produced more than 275,000 F-Series Super Duty trucks at KTP. Overall, Kentucky, which ranks third in the nation in light vehicle production, assembled more than 1.2 million vehicles last year. Motor vehicle exports exceeded $3.6 billion through the first 11 months of 2013, a state record.
 
The Commonwealth is home to more than 450 automotive-related industries that employ more than 82,000 people.

For more information visit Ford online.

SurfKY News
Information provided by Office of Governor Steve Beshear

© Copyright 2014 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story by using one of the social media links below.

Most Read This Week (Site-Wide)

August 25, 2014 5118

Flooded Central City Church's Seven Day…

in Top Stories by Paul McRee, SurfKY News
August 25, 2014 4473

14-Year-Old Suffers Gunshot Wound; Air…

in Top Stories by Ami Clayton, SurfKY News
August 25, 2014 4441

Camper Stolen in Utica Recovered in…

in Top Stories by Martha Clark
August 25, 2014 4045

44th Mount Saint Joseph Picnic is Sunday,…

in News by Jennifer Kaminski
August 25, 2014 3948

Daviess County Health Department…

in News by Dennis Beard, SurfKY News

Most Read Stories from Hopkins County

August 25, 2014 4473

14-Year-Old Suffers Gunshot Wound; Air…

in Top Stories by Ami Clayton, SurfKY News
August 25, 2014 2551

Two Injured in Two-Vehicle Collision Near…

in Top Stories by Trooper Stu Recke
August 25, 2014 2461

Former Co-Workers Trying to Raise Money…

in Top Stories by Rita Dukes Smith, SurfKY News Director
August 26, 2014 1983

Two People Injured When Vehicle Overturns…

in Top Stories by Matt Sanderson
August 27, 2014 1360

Crime Stoppers Top Most Wanted - August…

in Top Stories by Crime Stoppers

Most Read Stories from Owensboro

August 25, 2014 4045

44th Mount Saint Joseph Picnic is Sunday,…

in News by Jennifer Kaminski
August 25, 2014 3948

Daviess County Health Department…

in News by Dennis Beard, SurfKY News
August 25, 2014 3821

GRADD Seeking Ombudsman Program Volunteers

in News by Woody Maglinger
August 26, 2014 3546

Owensboro Board of Commissioners…

in News by Beth Cecil
August 26, 2014 3080

City Street Closures on Strawbridge and…

in News by Abby Shelton

Most Read Stories from Muhlenberg County

August 25, 2014 5118

Flooded Central City Church's Seven Day…

in Top Stories by Paul McRee, SurfKY News
August 25, 2014 4441

Camper Stolen in Utica Recovered in…

in Top Stories by Martha Clark
August 25, 2014 3761

Job Corp Celebrates 50th Anniversary

in Top Stories by Charles W. Riley II, SurfKY News
August 25, 2014 3649

Mustangs Marching Classic

in Top Stories by Charles W. Riley II, SurfKY News
August 26, 2014 3284

Family Has Close Call with Tornado

in Top Stories by Paul McRee, SurfKY News

SurfKY News Group, Inc. Central Office & Printing Division
1125 Nebo Rd.  •  Madisonville, KY 42431  •  270.452.2249 (fax)
Main Number: 270.452.2727 (phone)  •  Printing Division Direct Line: 270.821.8600 (phone)

SurfKY Owensboro News Bureau
920 Frederica St. / Suite 210  •  Owensboro, KY 42301  •  270.683-8060 (phone)


Contact a member of our staff: www.surfky.com/contact
Copyright © 2014 SurfKY News Group, Inc.  •  Terms of Use  •  Site Map

social 03social 04social 22social 21social 06