Steel Markets
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Ford Breaks Ground on EV Mega Complex in Tennessee
Written by Laura Miller
September 23, 2022
Ford Motor Co. has broken ground on a new, $5.6 billion auto production complex in Stanton, Tenn., where it plans to build all-new electric trucks and advanced batteries. The groundbreaking comes less than a year after the Dearborn, Mich.-based automaker and SK On, a Seoul-based battery technology company, announced the investment.
A mega campus of six square miles, the BlueOval City complex will be Ford’s largest and most-advanced auto manufacturing facility once complete, the company said. It will help the automaker reach its goal of a global production run rate of 2 million electric vehicles by 2026.
“We are building the future right here in West Tennessee. This facility is the blueprint for Ford’s future manufacturing facilities and will enable Ford to help lead America’s shift to electric vehicles,” said Eric Grubb, Ford’s director of new footprint construction.
By Laura Miller, Laura@SteelMarketUpdate.com
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Laura Miller
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Trump officially orders sweeping 25% tariff on steel, aluminum
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Tampa Steel Conference: Two weeks to go!
With just two weeks to go, we have over 400 registered so far for the 36th annual Tampa Steel Conference. Join us and hundreds of industry executives at the JW Marriott Tampa Water Street from Sunday, February 2, through Tuesday, February 4.
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Galvanized buyers see glimmers of optimism amidst the chaos
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