Ford Motor Co. on Tuesday said the previously announced $1.3 billion transformation of its Oakville Assembly Plant for electric vehicle manufacturing will begin in the second quarter of next year and take about six months to complete.
During that time some of the 3,000 workers at the Ontario, Canada, the site will be furloughed, although the company expects to retain virtually all of the employees when the plant comes back online at the end of 2024.
Ford said the site, which currently builds the gasoline-powered Edge and Lincoln Nautilus crossovers, will be renamed the Oakville Electric Vehicle Complex and include