Ford Motor Company (NYSE:F) has decided to increase the production at its Ontario plant in Canada.
Ford Motor Company Pushing Canada Output
As a part of the move, Ford Motor Company (NYSE:F) is putting a third shift at the Essex Engine Plant in Windsor from late April onwards.
Ford Motor Company (NYSE:F) spokeswoman Lauren More said, “The shift is expected to open up 100 positions that will likely be filled with people who have been laid off in Windsor. It’s what we call a flexible manufacturing plant so it can quickly adjust to changes in the market and ramp up to higher levels of production quite quickly.”
Ford Motor Company (NYSE:F) shares were at 12.32 at the end of the last day’s trading. There’s been a 14.0% change in the stock price over the past 3 months.