News Summary: Ford's big investment in Louisville
NEW LIFE: Ford has transformed ITS nearly 60-year-old Louisville Assembly Plant into the new home of its redesigned Escape, an entry in the ultra-competitive small SUV category. Ford also bolstered the workforce there.
JOB RUSH: Many of the jobs were filled by incumbent Ford workers in Louisville or from places where factories closed or downsized. But some 18,000 applicants scrambled for about 1,800 new jobs at the plant; those jobs have since been filled.
STICKER PRICE: The $600 million revamp features new body, paint and trim assembly lines. The plant produced Ford Explorers from the early 1990s until late 2010.