Ford's New U.S. Plant Could Make 500,000 Electric Pickups Per Year

URLhttps://www.manufacturing.net/automotive/news/2278
SourceManufacturing.net
Date Published03/24/2023
Author NameAdrian Sainz
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BlueOvalSK with Ford
Parent companyBlueOvalSK with Ford
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):6000
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2025
Capital investment ($):5600
Country(ies) from which reshored:United States
City reshored to:Stanton
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric pickup trucks
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, IRA and Tennessee Grants
Government Incentive dollar amount:$900mil
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