Ford Motor Invests $170 Million to Expand Operations at Silverton Assembly Plant, Pretoria

Specifications:

Name:

Ford Motor Invests $170 Million to Expand Operations at Silverton Assembly Plant, Pretoria

Location:

Pretoria, South Africa

Company:

Ford Motor Company

Estimated Cost:

$170 Million

Source:

ford.com

Introduction:

Ford Motor Company is investing R2.5-billion ($170 million U.S. dollars) to expand operations in South Africa at its Silverton Assembly Plant in Pretoria, South Africa, to produce the all-new Ford Everest.

Features:

This investment will create approximately 1,200 new jobs at Ford South Africa and within the South African supplier network. Initial production at Silverton of the Everest will commence in the third quarter of 2016, with the first units expected to come to market in the fourth quarter. South African-produced models will be sold locally and exported to markets across Sub-Saharan Africa.

Part of this investment has been directed towards the production of the new Ranger, which is already running at maximum capacity at the Silverton Assembly Plant – with domestic sales and export demand at an all-time high. The Silverton Assembly Plant features state-of-the-art automation utilising Ford's global manufacturing processes, and will be equipped to produce 10,000 Everests annually.

The all-new Ford Everest is a rugged seven-seat SUV featuring body-on-frame construction, intelligent four-wheel drive and an Advanced Terrain Management System to help navigate challenging terrain with ease.