Ford (F) to Invest $3B to Expand Super Duty Truck Production
FFord Motor(F) ZACKS·2024-07-22 23:50

Ford Motor Company (F) will increase production of its large Super Duty trucks by expanding operations to a Canadian plant that was initially designated for conversion into an all-electric vehicle hub. This new initiative includes a 3billioninvestment,with3 billion investment, with 2.3 billion allocated to the Oakville Assembly Complex in Ontario, Canada, and the rest to enhance production at facilities in the United States and Canada.Currently, Ford manufactures Super Duty trucks, primarily used by commercial and business cust ...