Again in mid-September, an aluminum plant owned and operated by Novelis in Oswego, New York was ravaged by a massive fire, which can reportedly hold it offline for months. This can be a massive drawback for a number of automakers that supply aluminum from that firm, particularly Ford, which is its greatest buyer. Consequently, manufacturing of the Ford F-150 Lightning on the Rouge Electric Vehicle Center is already on pause this week, and now, it’s being joined by the Ford Expedition and Lincoln Navigator, too.
In line with the Wall Street Journal, The Blue Oval knowledgeable employees on the Kentucky Truck Plant that it is going to be pausing manufacturing of the Ford Expedition and Lincoln Navigator this week, attributable to points with its aluminum provide chain. This pause is at present slated to final one week, in accordance with that memo, however the automaker can also be pulling ahead scheduled downtime from later within the 12 months to compensate.
Moreover, Ford has reportedly paused manufacturing on the Louisville Assembly plant final week as effectively, all in an effort to protect its aluminum provide and save stock for its F-Sequence line of pickups. Manufacturing there has resumed this week, albeit with simply one among two shifts constructing the soon-to-be-discontinued Ford Escape and Lincoln Corsair crossovers. Ford is working to mitigate these impacts through different suppliers, whereas Novelis is attempting to find out if aluminum from its abroad crops is as much as Blue Oval requirements.
Ford inventory took a big hit after information of the hearth initially broke, and as Ford Authority beforehand reported, analysts imagine that the incident might value The Blue Oval upwards of $1 billion, given the truth that it might impression manufacturing of the F-Sequence line of pickups by way of the tip of the 12 months, although the plant isn’t anticipated to come back again totally on-line till Q1 2026. Ford isn’t alone in that regard, nevertheless, as Novelis churns out round 350,000 metric tons of sheet aluminum yearly to it, together with Toyota, Hyundai, Volkswagen, and Stellantis, amongst different corporations.
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