WAVE 3 News Editorial - February 18, 2014: Ford Growth - wave3.com-Louisville News, Weather & Sports

WAVE 3 News Editorial - February 18, 2014: Ford Growth

By Ken Selvaggi
WAVE 3 Vice President & General Manager

LOUISVILLE, KY (WAVE) - It was a little over 100 years ago that a handful of workers started building Fords in Louisville. Five years ago, there were just under 6,000 workers building them. Today there are nearly 8,400 workers.

Ford did not take any government bailout money during the recession and some people were concerned Ford might bail on Louisville, but the opposite happened. Ford invested over $1 billion in the two assembly plants in Louisville, and expects to invest nearly a billion more.

The Louisville Assembly Plant on Fern Valley Road operates 20 hours a day and produces more than 1,300 Ford Escapes a day. Before Derby Day, the Lincoln MKC will be produced there as well.

The Kentucky Truck Plant on Chamberlain off Westport Road produced 353,000 vehicles last year and Ford says an influx of new equipment and expansion there will increase capacity 15 percent.    

We are fortunate the plants here have been restructured and modernized, not closed. Government incentives and worker concessions helped make it happen. We applaud Ford and all involved in keeping Ford here, hopefully for another 100 plus years. 

Copyright 2014 WAVE 3 News. All rights reserved.

Powered by Frankly