Ford to Resume F-150 Production After Recent Fire
Ford Motor is going to resume production of their F-150 pickup truck at a plant in Dearborn, MI, after over 1 week of interruption because of a fire at a supplier factory in MI. The American carmaker mentioned that F-150 output at a Kansas City factory and Super Duty production at their Kentucky Truck plant in Louisville shall restart on May 21. Roughly 7,600 employers who manufacture the F-150 were put on brief layoff as production was postponed. But those who worked on the Super Duty carried on, manufacturing various cars at the KY factory. Ford confessed this incident will have a negative effect on their 2nd quarter revenue of about 12-14 cents per share. The fire occurred at a supplier factory on the early morning of May 3 and F-150 output at the automaker’s Kansas City plant went down on May 7 and the Dearborn plant was halted on May 9.
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