The company has also successfully repaired the supply chain for Super Duty, with production targeted to restart by Monday at the Kentucky Truck Plant as well as the Kansas City Assembly Plant that also makes F-150 pickups.
This allowed Ford and Meridian to safely retrieve and relocate tools to more quickly resume part production and work to minimize the financial impact of the stalled plants.
Ford has announced plans to resume F-150 production in MI on Friday and Kentucky on Monday, minimizing downtime after a fire severely damaged a supplier's magnesium parts factory. Parts produced at Nottingham are being shipped via daily flights on a Boeing 747 jet until production in Eaton Rapids returns to pre-fire levels.
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Returning to full production is likely to take some time as the automaker has scrambled to re-establish manufacturing of critical components from a supplier.
Ford expects lost production of the F-Series will hurt Q2 EPS by $0.12-$0.14 but reaffirms its previous FY 2018 adjusted EPS guidance range of $1.45-$1.70. The teams removed 19 dies from Meridian's facility, and in the case of the 87,000-pound die it move from Eaton Rapids, Michigan, to Nottingham, U.K., via an Antonov An-124 cargo plane - one of the largest in the world - in just 30 hours door-to-door.
With F-Series inventory of more than 80 days, Ford dealers have not seen a big drop in the number of pickups in stock while production was stopped.