Ford will add 500 more jobs and invest $1 billion to expand the Chicago Assembly and Stamping plants. Models that are currently produced at the plant include 2020 Explorer, 2020 Lincoln Aviator as well as the Explorer-based Police Interceptor Utility.

Reports suggest that the expansion of the plant is expected to conclude by the end of this year. Among the changes, a new body shop and paint shop are expected to be added to the Chicago assembly along with other notable modifications to the final assembly area. Apart from this, an abundance of new high-tech tools will also be added to improve efficiency and quality.

For the employees, Ford has planned to spend $40 million on cafeterias, break areas and parking lot security among other elements.

Ford 2020 Explorer UAE

Ford has struggled with a dated model lineup and shrinking demand in the UK, which is the company’s biggest market in Europe.

This news comes a month after reports suggested that Ford was mulling over plant closures and job layoffs. It was said that the company was expected to lay off thousands of its workforce in Europe in an attempt to bring profit to its business.

Ford has struggled with a dated model lineup and shrinking demand in the UK, which is the company’s biggest market in Europe. The UK operations of the company are not clear of the storm yet, with further disruption inbound due to Brexit.

Ford Explorer UAE

For the employees, Ford has planned to spend $40 million on cafeterias, break areas and parking lot security among other elements.

In an official statement released then, Ford said it would seek to exit the Multivan segment, renew its operations in Russia, merge the head offices of Ford UK and Ford Credit to a site in Dunton, Essex.

In December, the Blue Oval had announced that it was working on a restructuring plan to Europe called Sprint 6 Reset and Redesign. While the firm did not release a timeframe for its target to achieve a six per cent margin target in Europe, the plan involved concentrating on profit-making SUV’s commercial vehicles while eliminating unprofitable model lines.