LOUISVILLE, Ky. — Ford Motor Co., which has produced cars in the Commonwealth for over a century, is expanding its presence in Louisville with a $700 million investment in the Kentucky Truck Plant, Gov. Andy Beshear announced Tuesday.
The expansion will create 500 full-time jobs as the company readies the facility for production of the new F-Series Super Duty truck, Ford announced in a press release.
What You Need To Know
- Ford's Kentucky Truck Plant will soon produce the all-new F-Series Super Duty truck
- The news came after Gov. Beshear announced the company would expand its Louisville presence with a $700 million investment
- The expansion will create 500 full-time jobs, Ford officials said
- Gov. Beshear proclaimed Tuesday, Sept. 27 to be KenTRUCKy Day in honor of Ford's investment
Gov. Beshear proclaimed Tuesday, Sept. 27 to be KenTRUCKy Day in honor of Ford's massive investment. The new Ford F-Series Super Duty truck is set to be unveiled Tuesday evening at Churchill Downs.
“Today’s announcement is one of the largest investments ever in Jefferson County and will create hundreds of great jobs, including building the 2023 Ford F-Series Super Duty truck," Beshear said Tuesday. "Together with last year’s record-shattering electric vehicle battery plant announcement, Ford is building its future here in the commonwealth."
Most of the investment will go to retool the truck plant, which makes Super Duty pickup trucks and chassis cabs, plus the Ford Expedition and Lincoln Navigator large SUVs.
Ford is the largest vehicle producer in the Bluegrass State and one of the largest employers in Kentucky, with over 12,000 people working across two assembly plants in Louisville.
Founded in 1903, Ford is the top assembler of vehicles in America and the F-Series pickup franchise alone generated nearly $40 billion in revenue last year, officials said.
“Ford has been growing in Kentucky since the days of the Model T, and we are continuing to invest in the Bluegrass State to produce great vehicles that our customers love and depend on," said Kumar Galhotra, president, Ford Blue.
At a press conference at the Kentucky Truck Plant, Louisville Mayor Greg Fischer highlighted Ford’s long history as a key manufacturer in Jefferson County.
“Advanced manufacturing continues to drive significant economic growth in Louisville,” Fischer said. “Built upon a rich manufacturing history, Louisville has developed a strong foundation of support that allows us to meet manufacturers’ workforce and growth needs and has led manufacturing companies to invest more than $5.2 billion in our city and create more than 10,000 new jobs since 2014. We are excited to add today’s announcement to those growing numbers.