Ford Motor Company is investing $1bn in its Chicago Assembly and Stamping Plants. The investment will enable the addition of 500 new positions as the business seeks to launch three new SUVs this year. The US is slowly moving away from cars and have are increasingly favouring SUV and pickup trucks, according to recent statistics.
The transformation of the plants will commence in March. Expanding its present capacity will see the business gain the ability to manufacture the new Ford Explorer – including the Explorer ST and Explorer Hybrid – the all-new Police Interceptor Utility and the all-new Lincoln Aviator. The additional 500 jobs will bring the total number of roles at the two plants to approximately 5,800.
