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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Ford Motor Company | NYSE:F | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.2401 | -1.84% | 12.7999 | 13.02 | 12.61 | 12.82 | 57,226,799 | 00:59:42 |
From Apr 2019 to Apr 2024
By Chelsey Dulaney
Ford Motor Co. said Wednesday that it has begun production of its F-650 and F-750 trucks at its Avon Lake, Ohio, assembly plant.
The medium-duty trucks were previously assembled in Mexico. Ford invested $168 million in retooling the plant as part of a 2011 collective bargaining agreement with the United Auto Workers.
Ford said shifting the production to the U.S. helps secure over 1,000 hourly jobs.
"We found a way to make the costs competitive enough to bring production of a whole new generation of work trucks to Ohio," said Joe Hinrichs, president of the Americas division.
The plant also produces E-Series vans. Ford has been phasing out the E-series van as it brings on the Transit van, a lighter-weight, European-style cargo van that gets better fuel economy and is sold around the world.
Write to Chelsey Dulaney at chelsey.dulaney@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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