Ford to Invest $700 Million, Add 500 Jobs at Louisville Truck Plant

Executive Chairman of Ford William Clay Ford Jr. speaks during a news conference in front of the capital in Frankfort, Ky., on Sept. 28, 2021. Silas Walker/Lexington Herald-Leader via AP

LOUISVILLE, Ky.—Ford will invest $700 million mainly at its Kentucky Truck Plant in Louisville, creating about 500 new jobs over the next four years.

The company made the announcement Tuesday after a state board approved incentives for Ford’s investment in the state.