Ford to resume F-150, Super Duty production

The F-150 is the best-selling vehicle in the United States and the engine of Ford's profits

Ford said in a press release Wednesday that it would resume production of the truck at the Dearborn plant on Friday and at the Missouri plant on Monday, May 21.

"While the situation remains extremely dynamic, our teams are focused on returning our plants to full production as fast as possible", said Joe Hinrichs, Ford president, Global Operations.

Ford Motor Co.is resuming production of F-150 and Super Duty trucks ahead of schedule at three assembly plants after a fire earlier this month at one of its supplier's facilities created a parts shortage.

To get back on track, Ford recovered 19 dies - or tools used to shape metal into various parts - from the "badly damaged" MI facility, Ford said.

"We were working around the clock, across the ocean, with the teams there to really get the facilities back up and running", Hau Thai-Tang, Ford's head of purchasing and product development, said on the call.




Under normal circumstances, moving tooling the size of a bolster die would take approximately 10 days just to get the proper import and export approvals.

Work started immediately in the aftermath of the fire. Teams removed and remediated safety concerns - including dangling siding - and restored electricity, gaining approval to access the site while debris still smoldered inside. The plant makes structural parts with about one-third going to Ford.

A team in Nottingham was waiting to receive the die and take it to Meridian's nearby factory. The company had shut down F-150 assembly at the plants in Dearborn and near Kansas City and also stopped building bigger Super Duty pickups at a factory in Louisville.

The Meridian Magnesium Products of America plant where the fire broke out also produces parts for other automakers.

Ford expects lost production of the F-Series will hurt Q2 EPS by $0.12-$0.14 but reaffirms its previous FY 2018 adjusted EPS guidance range of $1.45-$1.70.

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