• We are currently looking for experienced automotive journalists and editors to join our team.  Make $60k-$80k per year doing what you love. We are also looking for an experienced forum moderator to join our team. See details here. ×

Ford Motor Company Hints At More Louisville Investments

Sponsored Links

Ford Motor Company has earmarked some $2.4 billion for investment into its plants in Louisville, Kentucky – the Louisville Assembly Plant, and the Kentucky Truck Plant – with hints that still more investments could arrive later.

According to the Courier-Journal, Ford has just been approved to receive $315 million in tax incentives for its upgrade plans and hiring initiatives. On Thursday, Ford changed its job-retention agreement with the state, increasing its target from 8,700 to 11,200 jobs retained through late 2021.

While Ford’s investment plans in Louisville were largely known since last December, the automaker’s original proposal and subsequent amendments put their level of investment around $1.8 billion between Louisville Assembly and Kentucky Truck. The additional $600 million announced will go toward upgrading the Kentucky Truck Plant for production of the new, 2017 Ford F-Series Super Duty, as well as the plant’s other two models: the Lincoln Navigator, and the Ford Explorer.

A statement from Ford Director of Government Relations Gabby Bruno said: “We look forward to continued collaboration to ensure our Louisville facilities remain globally competitive for the next century – and we will announce additional product investment details at a future date.”

  • Sweepstakes Of The Month: 2021 Ford Mustang Shelby GT500 plus $25K in cash. Details here.
Sponsored Links

Subscribe to Ford Authority
For around-the-clock Ford news coverage

We'll send you one email per day with the latest Ford updates.

It's totally free.

Written by Aaron Brzozowski

Aaron Brzozowski is a writer and motoring enthusiast from Detroit with an affinity for '80s German steel. He is not active on the Twitter these days, but you may send him a courier pigeon.

Sponsored Links

Leave a Reply

Your email address will not be published. Required fields are marked *

Rendered Images Show Us Everything A Sixth-Gen Ford Bronco Could Be

Watch A Hennessey HPE750 Mustang Put 644HP Down To The Ground: Video