Ford investing $1 billion, adding 500 jobs in Chicago

FILE PHOTO: The logo is seen on the bonnet of a new Ford Aspire car during its launch in New Delhi, India, October 4, 2018. Picture taken October 4, 2018. REUTERS/Anushree Fadnavis - Copyright ANUSHREE FADNAVIS(Reuters)

By Reuters

Published on 07/02/2019 - 18:04•Updated 19/04/2024 - 19:58

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WASHINGTON (Reuters) - Ford Motor Co said on Thursday it is investing more than $1 billion in its Chicago operations and adding 500 jobs as it prepares to launch three new SUVs this year.

Ford said it is building a new body shop and paint shop at its Chicago Assembly plant, and making major modifications to the final assembly area. At Chicago Stamping, the company is adding stamping lines, the company added.