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Ford Adds Jobs to Keep Up F-150 Production

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By Douglas A. McIntyre Published
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Ford Motor Company Logo
courtesy of Ford Motor Company
Sales of the Ford Motor Co. (NYSE: F) F-150 flagship pickup have surged so strongly that the U.S. car company will add workers to build more of them. Analysts have noted that much of the increase of sales in the American market this year is due to light trucks, SUVs and pickups. Most get poor gas mileage, so the trend is hard to explain. When Ford reported April sales, it noted:

Sales of America’s best-selling pickup, the Ford F-Series increased 24 percent, with 59,030 pickups sold. This represents F-Series best April sales results since 2006. It also is the 21st straight monthly sales increase for F-Series — with sales up 19 percent year to date.

USA Today reported on the Ford jobs added:

Spurred by a booming market for fullsize pickups, Ford Motor says it will add a third crew of 900 workers at the suburban Kansas City factory that builds F-150 pickups.

“Fullsize truck sales are growing three times as fast as the industry,” says Joe Hinrichs, Ford Motor executive vice president and president of The Americas. “There’s strong (economic) growth and housing starts are up.”

And:

Ford also confirmed it will begin production late this year of its Transit fullsize van at the Kansas City assembly plant, located at Claycomo, Mo. That will add more than 1,000 jobs there.

After years of huge layoffs, this news is a modest victory for car workers.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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