Tomahawk, WI 02/03/2014 (BasicsMedia) – Ford Motor Company (NYSE:F) is planning to raise production at one of the company’s factories making F-Series Super Duty trucks. With demand for the vehicle surging up, the Dearborn, Michigan based company will produce around 55,000 vehicles at its Kentucky plant.

For the last 37 years, Ford has been topping the list of highest selling pick-ups in the U.S. and now will be seen investing $80 million at the plant and will increase the workforce by as many as 350 jobs. Out The plan is to start execution from April 1 this year. Apart from this, it also plans to add 5,000 more jobs in its home country. This is on account of the industry leading market share profit that the company reported last year. Ford Motor Company (NYSE:F)’s Chief Executive Officer, Mark Fields that the second largest U.S. automaker will execute six new proceedings with plants in North America this year, in order to meet increasing demand.

Severe weather halts productions

Sales are being unfavorably affected by rough weather in the east, southeast and Midwest areas of the U.S. this month. In fact, production is also suffering due to the severely unruly weather conditions in these regions. Reportedly, a harsh snow storm caused stagnation of thousands of cars on highways around the U.S. ninth largest metropolitan region this week. Ford Motor Company (NYSE:F) is also caught amidst these ice storms as the factories are coming at a halt without proper supply of parts which were due to be arriving from the Southeast. The company has had to cut down shifts a couple of hours early because of this challenge that they have to face. Nevertheless, the president of the Americas, Joe Hinrichs refused to name any plants where production has been particularly affected. He also declined to comment on the estimates of the company’s sales for this month.

Not only Ford Motor Company (NYSE:F), but other automakers are having a tough time dealing with such unfavorable weather conditions. On an average, analysts have dropped their industry selling rate. This was as an impact of LMC Automotive reducing its estimate down by 0.4 million to 15.5 million. All have cited bad weather as a prospective reason which is withholding shoppers from indulging into new deals.

More profit for everyone

At Ford Motor Company (NYSE:F), there is win-win situation for everyone, the dealers, the company’s employees and the overall business in a broader perspective because of the record profit it earned. Last year, Ford’s F-Series led the company pretax gain of about $8.78 billion in North America. This means that the automaker will be paying around $8,800 in profit sharing to every individual of the 47,000 entitled U.S. hourly recruits represented by the United Auto Workers. This record payout is due in March. Last year, Ford Motor Company (NYSE:F) had paid $8,300 to each worker, an average of $500 less compared to this year’s figures.

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