Tuesday, 22 May, 2018

Ford to Resume F-150, Super Duty Vehicle Production Within Days

Ford to resume F-150 production Friday at Dearborn Truck Plant Ford to restart F-150 production; sees $0.12-$0.14 EPS hit in Q2
Ginger Lawrence | 17 May, 2018, 04:56

"The ramp-up time to full production is improving every day". Ford teamed up with suppliers, including Walbridge and other contractors to work almost around the clock to resume production.

The automaker suspended production of the F-Series last week due to a lack of critical components from its supplier Meridian Lightweight Technologies.

A fire at Meridian Magnesium Products in Eaton Rapids, Michigan caused ripple effects throughout the automotive industry and one of the hardest hit companies was Ford which had to temporarily cease production of the popular F-150.

The Eaton Rapids facility was seriously damaged by the blaze
The Eaton Rapids facility was seriously damaged by the blaze

Ford, along with BMW, Mercedes Benz and General Motors were forced to suspend or curb production at several USA plants while looking for an alternate source for components.

Thankfully, the company has solved the problem and plans to resume production of the F-150 at the Dearborn Truck Plant on Friday. Manufacturing of the Super Duty truck is expected to resume at a Kentucky plant by May 21. The vehicle generated $41 billion in revenue a year ago, about 28 percent of total sales and the lion's share of Ford's profits.

All-new Ford 2015 F-150 pickup trucks move down the final inspection line at the Ford Rouge Center in Dearborn, Michigan, November 11, 2014. Ford expects to make up the lost inventory in future months by running extra shifts.

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