Ford Motor Co. said it will invest more than $30 billion to expand the U.S. production of its next-generation F-150 pickup truck and will hire nearly 40,400 people.
The announcement Thursday comes as President Donald Trump pushes to boost auto jobs as the nation’s economic recovery improves.
Trump announced plans last month to bring back jobs lost in 2016, and has promised to create as many as 200,000 new jobs a month in the next three years.
The company said it would invest $10 billion in its production of the F-Series truck, including new production facilities.
The announcement was made in the first of three meetings with Trump this month, which included visits to the U-Maine campus of the University of Maine.
The company also plans to add more than 10,000 construction jobs, including in the Ummah Valley in southern Wisconsin, a company spokesman said.
It also plans the construction of a new assembly plant in Canton, Ohio, to make the truck body.
The investment will create nearly 3,000 manufacturing jobs in Ohio.
The F-100 pickup truck, with a production capacity of 10,200 vehicles, will make its U.s. debut in 2018, according to a statement from Ford Motor Company.
The F-series is a new generation of small pickup truck built to meet the ever-growing demands of the modern American economy.
The truck will be powered by a 1.6-liter EcoBoost diesel engine.
The Ford F-250 pickup truck is the truck’s largest segment, with its output of 15,500 vehicles.
The Ford announcement comes on the heels of a series of announcements from the company that it has begun production of a high-tech, compact electric powertrain that could revolutionize the U,S.
The technology could also allow the company to offer the smallest and most efficient vehicles in the market, while also delivering the best performance in a lightweight package.