Ford investing $700 million, creating 500 new jobs at Louisville assembly plant
The Ford Kentucky Truck Plant is getting a huge investment that will create several new jobs.
On Tuesday, Gov. Andy Beshear held a news conference in which it was announced that Ford Motor Co. is investing $700 million in the plant.
This move is set to create 500 new hourly manufacturing jobs in Kentucky to support new vehicle production.
Beshear said it was the seventh largest economic investment in the state's history.
"The new investment in Kentucky, part of the company's 'Ford+ plan' for growth and value-creation, will support an all-new F-Series Super Duty pickup assembled at Ford's Kentucky Truck plant in Louisville," a press release said.
It is big a day for the automobile company as Ford is revealing the new F-Series Super Duty truck at Churchill Downs Tuesday.
A representative for Ford said that they will be adding people throughout the facility and that every area is being impacted.
He said that with Tuesday night's announcement of the truck's components, "You will learn why it will take more people to build the truck."
On Monday, Beshear proclaimed Tuesday to be "KenTRUCKy Day" in honor of Ford's investment.
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"The partnership between Kentucky and Ford goes back more than a century and is only becoming stronger," Beshear said. "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. Together with last year's record-shattering electric vehicle battery plant announcement, Ford is building its future here in the commonwealth. We couldn't be more proud and look forward to many more decades of success for this iconic American company here in Kentucky."
The labor union United Auto Workers enthusiastically supported the announcement.
"UAW Local 862 members are proud to be a part of the F-Series Super Duty’s success both today and tomorrow," UAW President Ray Curry said. "We celebrate this $700 million investment into Ford’s Kentucky Truck Plant, as it shows that UAW members continue to play an important role in Ford’s future."
WLKY will have information when the new truck is revealed Tuesday night.