Article - Ford Adding Jobs in Kentucky

Ford Adding Jobs in Kentucky

The article I chose to summarize this week is on the motor vehicle company Ford and how it plans to add 2,000 jobs in Kentucky. This will cost the company to spend about 1.3 billion. The investment is representing more than 20% of their typical rate of annual spending. But expanding the Kentucky Truck Plant’s hourly workforce to about 40% is a major step to keep or create 8,500 jobs over the next four years. This will help aid the changeover to the new heavier-duty version of the F-Series pickup trucks. The company is partially through a historic transition for its F-series. The company started selling an aluminum version of it lighter F-150.

From a service point of view these aluminum vehicles are efficient for consumers and the economy because it improved fuel economy. This new series has also created these jobs at the high-profit truck plant, the company is maximizing the expansion in production of larger vehicles in the United States, while moving more of the smaller care manufacturing to countries with lower-cost rates like Mexico. They want to have flexibility when moving their products to other locations. Through October, Ford’s Kentucky truck plant built 325,000 pickups, a 1.5% increase compared with the same year-ago period, according to WardsAuto.com. The implications are that this move will expand availability of the auto maker’s most profitable vehicle line, and estimations show the plant is operating at nearly the highest available-production utilization rates through the third quarter of all auto factories in North America.

In conclusion I believe they will find a better way to transition to aluminum than it did the previous year. It is not something that is done every day and will take time to develop a clear understanding on how to effectively make this transition. But they are still benefiting from everything they are learning and can only improve with this