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September 29, 2021
GLENDALE, Ky. — When Ford revealed plans to ramp up its commitment to the fledgling electric vehicle sector, the automaker chose to create thousands of jobs and pump billions in investments into two states where Republican leaders have vilified the push for green energy and defended fossil fuels.
Teaming with its battery partner, SK Innovation of South Korea, Ford said Monday it will spend $5.6 billion in Stanton, Tennessee, where it will build a factory to produce electric F-Series pickups. A joint venture called BlueOvalSK will construct a battery factory on the same site near Memphis, plus twin battery plants in Glendale, Kentucky. Ford estimated the Kentucky investment at $5.8 billion. The single largest manufacturing venture in the iconic company's history will create an estimated 10,800 jobs.
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