BUSINESS Ford says it will expand in South Africa, adding 1,200 jobs

BUSINESS

Ford says it will expand in South Africa, adding 1,200 jobs

AP

19:28, February 02, 2021

A picture shows the logo of US auto-maker Ford at the entrance of Ford's Acquitaine Industries plant in Blanquefort, southwestern France, on February 18, 2019. (Photo: AFP)

Ford Motor Co. said it plans to expand its manufacturing presence in South Africa, spending roughly $1 billion and adding 1,200 jobs over the coming years.

The $1 billion, or 15.8 billion rand, investment is the largest the U.S. automaker has made in South Africa in its 97-year history in the country, Ford said.

The manufacturing investments will go toward production of the Ford Ranger pickup truck, the company said. Roughly $686 million will be used to upgrade the company's Silverton assembly plant, while the rest is set for upgrading manufacturing capabilities at Ford suppliers in the region.

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