Ford halts F-150 production

Meridian Fire

Meridian Fire

F-150 production will be suspended at Ford's plants in Dearborn, Mich., and Kansas City, Mo.

Meridian supplies a lightweight radiator support for the F-150 and its heavy-duty sibling, the Super Duty, Reuters reported.

Ford says one F-150 comes off the line every minute between the two plants.

An analyst recently calculated that the enterprise value of the F-Series trucks is greater than that of Ford as a whole.

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The F-series has been the best-selling vehicle of any kind in America for 35 years, the company has said. "We estimate it generates annual profits of at least $12 billion for the company, accounting for much more than the totality of Ford's global" profit. Ford shares dropped 2.1 percent.

Fiat Chrysler spokeswoman Jodi Tinson confirmed that production of the Chrysler Pacifica at the Windsor Assembly Plant has been "impacted" as a result of the fire.

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Meridian Magnesium Products, is the world's largest producer of magnesium magnesium die-cast automotive components, according to the company website. "This isn't like picking up screws at the hardware store". Just-in-time deliveries of parts directly to assembly lines boosts efficiency and save costs.

The supplier issue has also halted Ford Super Duty production in Kentucky, although that plant will continue with a reduced workforce to produce other Ford products. Even one missing part from a supply chain is enough to halt production of a vehicle.

On a side note, the Kansas City plant also builds the Ford Transit with the help of about 3,400 workers. It makes no sense for auto makers to manufacture it by themselves.

Ford was forced to temporarily halt production of its popular F-150 pickup truck Wednesday after a fire at a supplier last week caused a parts shortage.

"We will be making that decision shortly", Felker said.

Ford's F-Series have been among the best-selling trucks in the United States each year since its launch in 1977, Ford announced last year. It is unclear when production will resume.

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