Skip to content
Subscriber Only

Ford Is Investing $1 Billion in Plants Making Its High-Profit SUV

  • Chicago factories also hiring 500 new workers to meet demand
  • Site with harassment history gets new lighting, more security
Video player cover image
Ford Invests $1 Billion in Chicago Plants Building SUV Models
Updated on

Ford Motor Co. is investing $1 billion in two Chicago factories and hiring 500 workers to expand its ability to crank out high-profit sport utility vehicles, including the new Explorer.

Chicago Mayor Rahm Emanuel and Joe Hinrichs, Ford’s president of global operations, made the announcement Thursday at the Chicago Auto Show. The investment in the assembly and stamping plants fulfills an obligation the company made in its 2015 contract with the United Auto Workers. Ford is set to bargain a new pact with the union later this year.