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Ford to resume F-150 production Friday at Dearborn Truck Plant

Ford to resume F-150 production Friday at Dearborn Truck Plant

Production of F-Series pickups will restart first at Ford's Dearborn, Mich., factory on Friday, then at plants in Kentucky and Missouri on Monday.

Ford (NYSE:F) says it is resuming production of F-150 pickup trucks ahead of schedule, after a fire at a magnesium parts supplier forced assembly lines to shut down last week. "The ramp-up time to full production is improving every day".

Ford is resuming production of its F-150 pickup following a fire at a plant where parts for the vehicle are made.

The F-Series accounts for nearly 40% of Ford's unit sales in the USA and has been the top selling vehicle in America for decades.

Super Duty F-450 Chassis Cab
Super Duty F-450 Chassis Cab

Investors have already been anxious that Ford is behind the curve in cost management and new age technologies which include autonomously controlled vehicles.

The urgency of the situation even compelled the parties involved to have one 87,000-lb die shipped on an Antonov An-124 cargo plane to another Meridian factory... in Nottingham, England! Production of bolsters for Super Duty is also restarting at Eaton Rapids. Between export approvals, shipping logistics, and actual transportation, such a die shipment typically takes about 10 days. However, Ford and its suppliers managed to cut the total time for the entire move to 30 hours, including trans-Atlantic flight time.

"Faced with unexpected adversity, the Ford team, including our global supply partners, showed unbelievable resiliency, turning a devastating event into a shining example of teamwork", said Hau Thai-Tang, Ford's head of product development and purchasing. In between, the Ford team received a United Kingdom import license for the die - a mere two hours before the plane touched down.

Ford has said its financial results for the second quarter will take a hit, though the exact cost remains to be seen. The Eaton Rapids plant is producing truck parts again. Meanwhile, the automaker has reaffirmed its guidance for full-year earnings.

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