Ford Motor Co. will invest $400 million to produce a new vehicle at its Kansas City, Mo., assembly plant as production of the Ford Escape will be moved to its Louisville, Ky., factory. This investment covers the installation of a new body shop, new tooling and other upgrades.
Because of this investment, 3,750 jobs at the Missouri plant will be protected. The Ford F-150 pickup will continue production at the Kansas City plant but it will be on a separate line. As part of the project, Ford is receiving incentives under the 2010 Missouri Manufacturing Jobs Act.
In a statement, Ford said that this bill gives tax incentives for automotive manufacturers that provide new investments and retain or add jobs in Missouri, as well as suppliers who create new jobs in the state. The Kansas City plant is the fourth North American facility that Ford is retooling to build new models.
It has yet to be announced what new vehicle will be produced at the Missouri plant. Mark Fields, Ford president of the Americas, said in a statement that this investment and the plan to build a new vehicle in Kansas City strengthen Ford's commitment to U.S. manufacturing and American jobs.
Fields added that investing in its “plants, products and people” is vital to Ford's competitive edge. He explained that to remain at the top of its game, Ford is committed to “doing everything it takes to work with its partners, including the United Auto Workers.”