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Ford to spend 3 bln usd to produce large trucks in Canada
Canada plant previously set for EV conversion (Il Sole 24 Ore Radiocor) - New York, 18 Jul - Ford Motor said it plans to assemble its F-Series Super Duty pickups at its Ontario complex in Canada in 2026, boosting production of one of the company's most popular and profitable vehicles.
The plant at Oakland in Canada was previously set to be converted into an all-electric vehicle hub.
'Super Duty is a vital tool for businesses and people around the world and, even with our Kentucky Truck Plant and Ohio Assembly Plant running flat out, we can't meet the demand.
This move benefits our customers and supercharges our Ford Pro commercial business,' said Jim Farley, Ford president and CEO.
In total, Ford plans to invest around 3 billion dollars to expand Super Duty production, including 2.3 billion to install assembly and integrated stamping operations at the complex.
When complete, the Oakville Assembly Complex will be a fully flexible plant, the company said.
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(RADIOCOR) 18-07-24 19:31:41 (0718) 5 NNNN