DETROIT -- Ford Motor Co. is gearing up for an intricate, two-phase overhaul of factories for its most profitable vehicle, putting to the test a pledge by incoming CEO Jim Farley for flawless execution.
Ford will temporarily shut a factory in Michigan next month to install machinery for the redesigned F-150 pickup going on sale next year.
The automaker also is constructing a new facility adjacent to its Dearborn, Michigan, truck plant to build an electric version of the F-150, people familiar with the project told Bloomberg. Prototype production is expected to start next year, said the people, who asked not to be identified revealing internal plans.
Ford also will idle and overhaul its Missouri pickup factory in October to prepare for the redesigned truck after closing its Dearborn plant for two weeks of retooling starting Sept. 7, according to the people. The complex and costly changeover of the two factories will trim output of Ford’s biggest cash cow …