Ford is rolling out plans for the largest manufacturing investment in the company’s history, an $11.4 billion project that will create 11,000 new jobs.
The centerpiece of the announcement is "Blue Oval City," a six-square-mile facility just outside of Memphis, Tennessee. Roughly triple the size of the Rouge Plant in Dearborn, the facility will be “one of the largest, most advanced facilities of its kind in North America,” according to Chief Operating Officer Lisa Drake.
Drake said the investment is, “designed to reimagine how cars, trucks and SUVs and all of those batteries that power them are designed, built and recycled in America.”
Blue Oval City will feature a new plant that makes EV F-Series pickups, a battery plant and a supplier park, at a time the auto industry continues to place increasing emphasis on electrification.
“We think ⅓ of the full-size pickup segment will be fully electric by the time 2030 rolls around,” Drake said.
Last week Ford announced a new $250 million investment that would 450 new jobs in southeast Michigan as the company ramps up production of the F-150 Lightning.
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In addition to the facility in Tennessee, Ford plans to build two new battery plants nearby in Glendale, Kentucky.
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