Of the total F-Series sales, 6,842 were electric F-150 Lightning trucks. truck sales are down 11% to 420,969, a third of total sales. If Ford meets annual targets, it can keep a portion of new tax revenue it generates by claiming eligible incentives against its income tax liability and/or wage assessments.įord employs more than 12,000 people in Kentucky.įord said its F-Series truck franchise generated nearly $40 billion in revenue in 2021 - nearly one-third of the company's global automotive revenue last year. The Kentucky Economic Development Finance Authority (KEDFA) on Tuesday approved a supplemental project to an existing agreement with Ford that can provide up to $430 million in cumulative tax incentives based on the company’s total cumulative investment of $3.65 billion with an annual job target requirement of up to 12,500 over the term of the agreement. The Kentucky JV will create about 5,000 jobs. Established in Frankfort, KY, we are centrally located and are able to offer quick and. The companies said they would invest $5.8 billion in Kentucky, and $5.6 billion in Tennessee. Used Ford F-150 SVT Lightning For Sale in Russell Springs, KY By Year. Shop millions of cars from over 22,500 dealers and find the perfect car. automaker and its South Korean battery partner SK Innovation (096770.KS) said in September 2021 they would invest $11.4 billion to build an electric F-150 assembly plant and three battery plants in the United States. Find 1 used Ford F-150 SVT Lightning in Russell Springs, KY as low as 32,900 on ®. ![]() Sept 27 (Reuters) - Ford Motor Co (F.N) said Tuesday it will invest $700 million and add 500 jobs at its Kentucky plant to support production of its new 2023 model year F-Series Super Duty truck.
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