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Ford invests $1.05 billion to expand South African plant for new Ranger · Endata

◂ Announcements

Feb 2, 2021EXPANSIONSilverton, Pretoria, South Africa, South Africa

Ford invests $1.05 billion to expand South African plant for new Ranger

Ford Motor Company announced a $1.05 billion investment to modernize and expand its Silverton Assembly Plant in South Africa, increasing annual capacity to 200,000 vehicles and adding 1,200 jobs. Production of the all-new Ranger pickup truck starts in 2022.

Value

$1.05B

Jobs

1,200

Starts operating

2022

Status

Announced

Capacity

200,000 vehicles per year

ProductsRanger pickup truck

CompaniesFord Motor Company

Sectors#Automotive Components

“Ford Motor Company today announced an investment of US$1.05 billion (R15.8 billion) in its South African manufacturing operations – marking the biggest investment in Ford’s 97-year history in South Africa.”media.ford.com

1 source
media.ford.comWhy Register?Feb 2, 2021

Summarized from public sources; check the original articles before acting on it.

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