Big New Expansion at Ford’s Louisville Plant Sends Ford Motor Company (F) Stock Jumping

Ford Motor Company (NYSE:F) is one of the 8 Biggest EV Stocks to Watch in 2025. A significant 52,000-square-foot expansion at Ford Motor Company (NYSE:F)’s Louisville Assembly Plant (LAP) in Kentucky has been proposed as part of the $1.2 billion EV transition investment included in the 2023 UAW-Ford labor contract.

Big New Expansion at Ford’s Louisville Plant Sends Ford Motor Company (NYSE:F) Stock Jumping

A close-up of an auto assembly line, revealing the complexity of the manufacturing process.

The proposals call for a 30,000-square-foot enlargement of the dock space, a 10,000-square-foot dock addition, and a 12,000-square-foot EV charging station with 16 units.

The retooling supports LAP’s transition from making the Ford Escape and Lincoln Corsair, both of which will be phased out after 2025, to a new all-electric car under the UAW agreement. The labor agreement reached following the 2023 strike guarantees an EV product at only three Ford Motor Company (NYSE:F) facilities nationwide, including the LAP.

Todd Dunn, the president of UAW Local 862, acknowledged that there will be temporary layoffs during the transition, although he did not specify when. According to Ford Motor Company (NYSE:F), the filing is a standard procedure that focuses on loading dock upgrades required for the next production shift.

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