Ford Motor Co adding 400 jobs at Oakville Ont plant to produce

OAKVILLE, Ont. — Ford Motor Co. says it will add 400 new jobs at its assembly plant in Oakville, Ont. where production of the new Ford Edge crossover SUV is set to launch.Ford has said last October that 1,000 jobs would be added at the facility by the end of 2014 to build the redesigned Edge.The automaker will make an announcement about the additional jobs on Thursday when official production of the new version of the vehicle is scheduled to begin.Ford Motor Co to build new GT ‘supercar’ in Ontario manufacturing facilityLower loonie won’t help attract auto investment to Canada: Ford execFord, which has invested $700 million in the redesign, says the Edge will go on sale this spring in Canada and the United States and in more than 100 other countries.And, with the addition of right-hand-drive and a diesel engine, the Edge will also be exported for the first time to Western Europe.Ford says global demand for utility vehicles is up 88% since 2008 and they now account for 19% of the global automotive market.In Europe, the utility segment grew from nine% market share in 2008 to 21% in 2014. First opened in 1953, the Oakville assembly plant also produces the Ford Flex and the Lincoln MKT. It will also begin production of the 2016 Lincoln MKX this year. The facility has approximately 4,500 employees.

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