Ford F-150 production will officially resume on Friday


Ford F-150 production will officially resume on Friday

With F-Series inventory of more than 80 days, Ford dealers have not seen a big drop in the number of pickups in stock while production was stopped.

Production of the F-Series Super Duty will fully resume on Monday at the Kentucky Truck Plant and the Kansas City Assembly Plant.

The F-150 has been the best-selling vehicle in America for decades and any extended production delays would have had serious consequences for the automaker.

Production of Ford's Super Duty at its Louisville, Ky., truck plant and the F-150 at its Kansas City, Mo., assembly plant are targeted to resume by Monday. "Thanks to their heroic efforts, we are resuming production of some of our most important vehicles ahead of our original targets". The vehicle generated $41 billion in revenue past year, about 28 percent of total sales and the lion's share of Ford's profits.

Production of the F-150 halted following a fire at parts supplier Meridian Magnesium Products. Meridian's plant in Eaton Rapids, Michigan, suffered extensive damage after an explosion and fire in early May. Ford notes this wasn't an easy task as one die weighed 87,000 pounds (39,462 kg) and need to be moved to the United Kingdom.

Ford said it expected an adverse impact of 12 to 14 cents per share on second-quarter earnings, but affirmed its full-year guidance, saying it believed it could make up most of the lost production.