Published: Tue, May 15, 2018
Economy | By

Ford could reopen two United States truck plants next Friday

Ford could reopen two United States truck plants next Friday

Production of Super Duty trucks in Louisville, Kentucky, was also shut down indefinitely, though the plant is still making large SUVs.

Late Friday, Reuters reported that an unnamed source "familiar with the automaker's plans" said that the F-150 plants in Kansas City and Dearborn, Michigan, could restart production as soon as Friday, May 18.

The shortage of parts could knock out production of Ford's best selling and most profitable vehicle, the F-150 pickup truck. The company suspended production at the two plants - the only ones that make the truck - after a fire at a supplier's facility caused it to run out of parts.

Now, the Dearborn location is also closed.

Ford has said it's an hour-by-hour situation.

Ford has about an 84-day supply of the F-Series truck in dealers' inventories, so the company never expected a shortage that would impact clients or dealerships.

Last month Ford sold 73,104 F-Series pickups, with the overwhelming majority of those being the F-150 according to company sales reports.

Both assembly plants are unable to continue building the F-150 pickup truck due to a lack of critical components supplied by Meridian Lightweight Technologies.

A major fire at a parts supplier to Ford Motor Co.

Ford executives explained shut downs in the 3 truck plants could affect the corporation's quarterly earnings, however confirmed its full-year sales estimate.

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