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Tuesday, 03 September 2019 14:17

Ford to Invest $550M in Louisville, KY, Plants

Written by Grace Schneider, Louisville Courier Journal

Index

 

Louisville Assembly has 3,800 hourly unionized workers, a force trimmed late last year when 500 assembly line employees were transferred to the Kentucky Truck Plant to support a 20% production increase for the Expedition and Lincoln Navigator.

 

At Louisville Assembly, Ford dropped one of its three shifts and indicated it would cut back production as it modified the plant and retooled for assembling the new models. The plant has been assembling cars and trucks there since the factory opened in 1955.

 

Since the 2008 recession, the factory has gradually added workers and increased production of the Escape.

 

Under the finance authority's Jobs Retention Agreement, companies such as Ford, Toyota, GE Appliances and other large manufacturers can receive incentives for continuously upgrading and modernizing their facilities if they agree to maintain payroll levels for Kentucky residents.

 

The latest "installment" is the fifth for Ford since mid-2007, this time pledging to retain 12,070 jobs of full-time hourly Kentucky workers, an increase from 11,200 in the prior incentive package. Several hundred Hoosiers also work at the factories, so the full-time hourly employment count now is 12,100 plus an undisclosed number of temporary entry-level positions.

 

The 800 jobs already have been filled, but the company's extended package now requires the investment be made by the end of 2021.

 

"Ford is a longtime pillar of employment in the greater Louisville area and we’re thrilled the company is continuing to reinvest in its plants and retain its Kentucky workforce," agency spokesman Jack Mazurak said in an emailed statement.

 

We thank the Louisville Courier Journal for reprint permission.

 


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