What’s better, is that these 3,000 salaried employees aren’t even included in the company’s goal to create 12,000 hourly jobs in the U.S. by 2015. In April, Ford hired 2,000 hourly employees at its Kansas City assembly plant to make sure more production capacity was available for its profit-making F-Series truck. Last year it hired more than 6,200 hourly employees to create capacity at other plants producing newer vehicles. It’s about 75% of the way to its goal of hourly job creation by 2015, and its salaried positions look to be growing healthily as well.
This is very positive for investors because Ford Motor Company (NYSE:F)’s second-quarter earnings report handily beat expectations on revenue and EPS. With additional hiring it only means the company is planning on continued vehicle demand and success. With Ford’s most profitable products selling enough to increase its overall market share in the U.S. by more than any other full-line automaker, I think the rest of 2013 will be filled with extremely positive headlines and profits for Ford investors. Let the good times roll!
The article Ford’s Success Spurs Job Growth originally appeared on Fool.com and is written by Daniel Miller.
Fool contributor Daniel Miller owns shares of Ford. The Motley Fool recommends Ford. The Motley Fool owns shares of Ford.
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