LOUISVILLE, Ky. (WHAS11) -- Ford plans to add 350 jobs at the Kentucky Truck Plant in Louisville as it ramps up production of its F-Series Super Duty trucks.
The automaker plans an $80 million investment.
"Eighty million dollars of new investment, 350 new jobs, 15 percent increase in plant capacity. Folks those are big numbers, but I especially like the fact that 350 more Kentucky families are going to be able to lay their heads down at night with the confidence of having a great paying job and be able to support their families and send their kids to school and enjoy the quality of life that we want for our people here in Kentucky," Gov. Steve Beshear said.
It's a boost to the local economy, facing an unemployment rate of about 7 percent with the labor force. Ford's president of The Americas, Joe Hinrichs, emphasized the company still has faith in Louisville.
"Now, here at home, we're helping drive the US recovery," Hinrichs said. "The new investment and jobs are estimated to result in a 15 percent increase in production capacity, or 55,000 units."
That would bring the total number of units close to 400,000 at the Kentucky Truck Plant, a facility responsible for 20 percent of Ford's production in the U.S.
Ford produces more than 2,000 vehicles a day in Louisville, in a state that ranks third in the country for light vehicle production.
"You guys have figured out how to get this thing done and it hasn't been easy in this global economy that we're all competing with right now," Louisville Mayor Greg Fischer said.
"It's just another additional cog in the wheel, another spoke in the wheel saying, here we are again, advancing Ford Motor Company in the community," Todd Dunn, the president of UAW Local 862 said.