Ford Invests $1 Billion in Chicago Assembly and Stamping Plants
Ford Motor Company released details on their plan to invest $1 billion in their Chicago Assembly and Stamping Plants. The investment will support the move to expand capacity in order to produce the all-new Ford Explorer, Police Interceptor Utility, and the Lincoln Aviator. The move also brings an additional 500 jobs to two the plants.
Work is set to begin in March, with the plant and new employees being projected to be up and running later this spring. Some of the additions to the Chicago assembly plant include all-new body and paint shops, stamping lines, assembly locations, and some 3D printed tools for improved quality.
The move will help Ford to increase production and retain their hold on the both the US and international markets. For 2018, Ford produced the most vehicles in the US (2.4 million) and also exported the most vehicles from the US.
“We are proud to be America’s top producer of automobiles. Today, we are furthering our commitment to America with this billion dollar manufacturing investment in Chicago and 500 more good-paying jobs,” said Joe Hinrichs, president, Global Operations.
A link to the full release on the Ford website is below: