Auto giant to spend $3 billion to expand large truck production to a plant previously set for EVs

Remaining investment will be used to increase production at supporting facilities The post Auto giant to spend $3 billion to expand large truck production to a plant previously set for EVs appeared first on WorldNetDaily.

Jul 19, 2024 - 16:28
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Auto giant to spend $3 billion to expand large truck production to a plant previously set for EVs

(MSN) – Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an all-electric vehicle hub.

The new plans include investing about $3 billion to expand Super Duty production, including $2.3 billion at Ford’s Oakville Assembly Complex in Ontario, Canada, Ford said Thursday. The remaining investment will be used to increase production at supporting facilities in the U.S. and Canada, the company said.

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Ford currently produces Super Duty trucks – the larger siblings of the F-150 full-size pickup used largely by commercial and business customers – at plants in Ohio and Kentucky. Ford said the Canadian plant, which is expected to come online in 2026, will add capacity of roughly 100,000 units annually.

The post Auto giant to spend $3 billion to expand large truck production to a plant previously set for EVs appeared first on WorldNetDaily.

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Fibis I am just an average American. My teen years were in the late 70s and I participated in all that that decade offered. Started working young, too young. Then I joined the Army before I graduated High School. I spent 25 years in, mostly in Infantry units. Since then I've worked in information technology positions all at small family owned companies. At this rate I'll never be a tech millionaire. When I was young I rode horses as much as I could. I do believe I should have been a cowboy. I'm getting in the saddle again by taking riding lessons and see where it goes.