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Ford Investing $630 Million In Turkish Expansion

Transit van will supplement U.S.-made E-Series.

by on Oct.11, 2010

Popular in many parts of the world, the Ford Transit van will arrive in the U.S. in 2014.

Ford Motor Co. plans to invest $630 million to improve and expand operations at a plant in Turkey that will, among other things, begin supplying vans to the U.S. market, starting in 2014.

The Ford Otosan joint venture operation, in Kocaeli, Turkey, generates $3 billion in export revenues annually, the company reports, making it one of Turkey’s biggest sources of export revenue.

The 50-year-old joint venture with Turkey’s Koc Holding is one of the oldest in the auto industry and their Kocaeli operation along currently employees 6,150.

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The factory’s exports are now shipped to more than 60 countries, and for 2014 it will add the U.S. to that list.  Ford currently relies on the domestically-produced E-Series van for both consumer and commercial applications, but it reportedly will use the more fuel-efficient Transit as a replacement for some of those markets.

That is forcing the maker to try to find an alternative product to produce at its plant in Avon Lake, Ohio.