Ford Investing $1b, Adding 500 Jobs In Chicago

  • Ford Investing $1b, Adding 500 Jobs In Chicago

Ford Investing $1b, Adding 500 Jobs In Chicago

The Stamping plant will receive new lines to prepare for the onset of the 2020 Ford Explorer.

The expansion plans will occur at two Chicago Assembly and Stamping plants and will be a precursor to three new SUVs that will go on sale later in 2019.

Ford's Chicago Assembly plant is located on the city's south side and is Ford's longest continually operating vehicle assembly plant in the U.S. The factory began producing the Model T in 1924.

Ford sells almost two-thirds of all police vehicles sales in the U.S. In 2017, the Ford Police Interceptor Utility accounted for more than half of all police vehicle sales in the United States, outselling all other police vehicles combined. Ford is making the huge investment to make sure that it can keep producing the money-makers while it is scrambling to revamp its line-up.

Ford also is spending $40 million to upgrade lighting and add security at the plants, which have a history of sexual and racial harassment.

"We are proud to be America's top producer of automobiles".

Ford's redesigned Aviator and Explorers come as the automaker, as well as competitors like General Motors and Fiat Chrysler, shift away from sedans in favor of the SUVs and light trucks that have taken a larger share of the automotive market in the past decade. The Explorer is the all-time best selling SUV in the U.S.

Ford was keen to point out in its announcement that the Chicago Assembly expansion will increase its position as "the No. 1 producer of vehicles in the USA and the leading exporter of vehicles from the US, building 2.4 million in 2018, and (employing) the most hourly US autoworkers".

The overhaul of the plants will include a new body and paint shop at the Assembly plant with additional modifications made to the final assembly areas. Advanced manufacturing technologies include a collaborative robot with a camera that inspects electrical connections during the manufacturing process.

The Company also plans to improve employee working conditions by investing Dollars 40 Million in all-new LED lighting, cafeteria updates, new break areas, and security upgrades in the parking lot. The work at the plant should begin in March and be completed by late spring.

Ford will invest $1 billion and hire 500 new employees at its stamping and assembly plants in Chicago, the automaker said on Thursday in a press release.

The production of the Explorer ST, the Police Interceptor and the Aviator will add to Ford's position as the top producer of vehicles in the USA, with almost 2.4 million built in 2018, the company said. "Ford's investment announcement demonstrates a commitment to the dedication of UAW members in Chicago".

The all-new Explorer ST features a specially tuned 3.0-liter engine projected to make 400 horsepower and 415 lb. -ft. of torque, with a top track speed of 143 miles per hour. Ford will also offer a hybrid version for the buyer looking for fuel efficiency. Rahm immediately placed an order for more Fords.