With the Ford UAW contract being ratified last week, we now know what Ford locations will see significant investments. One of the Ford plants that will see substantial investments over the next four years will be the Woodlawn Stamping plant. Currently, the Woodlawn Stamping plant has about 1,000 hourly and salaried workers. The new contract will see the work at the plant change somewhat.
Under the new contract, the Woodlawn Stamping Plant will continue to stamp parts for the Ford Edge and Lincoln MKZ. The plant will add stampings for the new Edge. However, the parts that the facility stamped for the F-150 and Super Duty pickups will be transferred to other plants.
Woodlawn is at a disadvantage compared to other stamping plants that Ford operates, mainly because it is a standalone plant and isn’t located near a Ford assembly operation. Typically the stamping plant is located near the assembly operation to save money on transportation. Woodlawn ships its parts to a variety of Ford assembly plants, including Oakville, just outside of Toronto.
The $60 million investment into Woodlawn is a bit of a mystery with no details on how that money will be spent. Presumably, some of the money will go to get the plant ready to stamp parts for the new Edge. As part of the new Ford contract, the UAW and Ford will explore further opportunities for the Buffalo Stamping plant, seen as an important part of the business.
Voting records show that the vast majority of UAW members at Woodlawn were in favor of the new contract, with 63 percent voting for ratification. That contract included $9,000 ratification bonuses for seniority employees and $3,500 for temporary employees. The new contract has a total of $6 billion in investments over the next four years into various Ford facilties.
Source: The Buffalo News