• Contact
Wednesday, February 1, 2023
  • Login
The African Business - News About African business
  • Home
  • EconomyNew
    Nigeria extends deadline to swap old currency notes by 10 days

    Nigeria extends deadline to swap old currency notes by 10 days

    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Trending Tags

  • Business
    World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

    World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

    Global tech billionaires eye Zambia’s electric vehicle battery mines

    Global tech billionaires eye Zambia’s electric vehicle battery mines

    Africa will have 57 million pay TV subscribers by 2028, report

    Africa will have 57 million pay TV subscribers by 2028, report

    Africa startups defy funding slump as debt financing fuels growth

    Africa startups defy funding slump as debt financing fuels growth

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Court told Anglo turned blind eye to Zambian lead poisoning

    Court told Anglo turned blind eye to Zambian lead poisoning

    Ethiopian Airlines set to fly to Atlanta

    Ethiopian Airlines set to fly to Atlanta

    Angola: Poor Management of the Petroleum Sector with Effects on Declining Production

    Angola Sonangol plans to list on Angolan stock exchange by 2027

    Nigeria artists conquer the NFT marketplace in Africa

    Nigeria artists conquer the NFT marketplace in Africa

  • Finance
    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    Yellow Card expands payment feature across Africa

    Yellow Card expands payment feature across Africa

    Government starts payment of $674,5 trillion matured securities

    Government starts payment of $674,5M matured securities

    South African rand steady with investor focus on Fed minutes

    South African rand steady with investor focus on Fed minutes

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    Angola banks entry into local Bourse gives credibility to economy

    Angola banks entry into local Bourse gives credibility to economy

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
  • Home
  • EconomyNew
    Nigeria extends deadline to swap old currency notes by 10 days

    Nigeria extends deadline to swap old currency notes by 10 days

    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Trending Tags

  • Business
    World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

    World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

    Global tech billionaires eye Zambia’s electric vehicle battery mines

    Global tech billionaires eye Zambia’s electric vehicle battery mines

    Africa will have 57 million pay TV subscribers by 2028, report

    Africa will have 57 million pay TV subscribers by 2028, report

    Africa startups defy funding slump as debt financing fuels growth

    Africa startups defy funding slump as debt financing fuels growth

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Court told Anglo turned blind eye to Zambian lead poisoning

    Court told Anglo turned blind eye to Zambian lead poisoning

    Ethiopian Airlines set to fly to Atlanta

    Ethiopian Airlines set to fly to Atlanta

    Angola: Poor Management of the Petroleum Sector with Effects on Declining Production

    Angola Sonangol plans to list on Angolan stock exchange by 2027

    Nigeria artists conquer the NFT marketplace in Africa

    Nigeria artists conquer the NFT marketplace in Africa

  • Finance
    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    Yellow Card expands payment feature across Africa

    Yellow Card expands payment feature across Africa

    Government starts payment of $674,5 trillion matured securities

    Government starts payment of $674,5M matured securities

    South African rand steady with investor focus on Fed minutes

    South African rand steady with investor focus on Fed minutes

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    Angola banks entry into local Bourse gives credibility to economy

    Angola banks entry into local Bourse gives credibility to economy

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
The African Business - News About African business
No Result
View All Result
Home Business

Ford Motor invests further USD 34,7 m into Gqeberha plant

TAB by TAB
03/12/2021
in Business
0
Ford Motor invests further USD 34,7 m into Gqeberha plant
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

Ford Motor invests further USD 34,7 m into Gqeberha plant

HARD on the heels of the announcement of the new Ford Ranger, Ford Motor Company have invested a further USD 34,7 million into the Struandale Engine Plant in Gqeberha as part of an upgrade to produce the new V6 turbo diesel engine and upgrades to the existing assembly line for the 2.0-litre single turbo and 2.0-litre bi-turbo diesel engines for the next-generation Ranger.

Related posts

World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

31/01/2023
2
Global tech billionaires eye Zambia’s electric vehicle battery mines

Global tech billionaires eye Zambia’s electric vehicle battery mines

30/01/2023
1

Ford Motor invests further USD 34,7 m into Gqeberha plant

In February, Ford invested R15.8 billion in their Silverton, Pretoria plant to upgrade the facility in order to manufacture the new Ranger for both local consumption and the export market.

The changes to the assembly line will enable the Struandale Plant to run a flexible format, as it will produce the new 3.0-litre V6 turbo diesel engine alongside the Duratorq TDCi engines. There are 40 stations on the line that will be common to both engines, with a further 25 stations unique to the 3.0-litre V6.

The plant will have an annual installed capacity of 21 000 units of the V6 turbo diesel when production commences in the middle of next year. The combined installed capacity for this line is 130 000 engines per year, although it has been designed to allow the split between the two engine programs to be adjusted based on future demand.

“The R600 million investment in the Struandale Engine Plant is part of our commitment to modernising and growing our local operations and is over and above the R15.8-billion investment in the Silverton Assembly Plant and supplier tooling that we announced in February to support production of the next-generation Ranger,” said Ockert Berry, VP Operations, Ford South Africa.

“Through this investment, we are introducing a third diesel engine to the Struandale operations, in the form of the new 3.0-litre V6 turbo diesel engine that will power selected next-gen Ranger models when production commences next year,” Berry said.

“The majority of the investment is going into expanding and modernising the current assembly line that has produced the existing 2.2-litre and 3.2-litre Duratorq TDCi engines since 2011, with 792 000 engines assembled to date.”

Ford is introducing state-of-the-art production technologies that include the latest tooling along with advanced camera and transponder systems that are fully integrated into Ford’s global Quality Management System.

“This allows us to record and validate every step of the assembly operations to capture the entire birth history of each engine. This is an essential part of ensuring that we deliver world-class quality for our customers around the world.”

In addition to the assembly operations, the Engine Plant will also be responsible for machining the cylinder heads for the 3.0-litre diesel engine.

“The investment programme includes new equipment as well as retooling, upgrading and redeployment of existing machining operations for the cylinder head,” Berry added.

It has an initial installed capacity of 42 000 cylinder heads per annum for the V6 engine, but will be able to accommodate higher volumes in future, if needed.

The plant has also been further modernised and upgraded for the 2.0-litre single and bi-turbo engines to accommodate design changes for the new Ranger.

“The updates being introduced on this assembly line will facilitate greater complexity with additional derivatives of the 2.0-litre diesel engines being introduced, increasing the current nine derivatives to 13 when production commences in 2022,” Berry said.

“This will be supported by a move from the current two-shift production to 2.5 shifts, increasing the 320 engines produced per day when we launched this program to 445 units per day to meet the significant local and international demand for the Ranger,” Berry added.

Installed production capacity for this assembly line remains at 120 000 units per annum.

While the number of people employed at the Struandale Engine Plant remains unchanged at approximately 850, the employees allocated to the various machining and assembly lines will be optimised to support the required production volumes for all three engine programmes. Thus, ensuring stability in the local employment.

Plant employees are currently undergoing extensive training on the new 3.0-litre diesel, as well as on the updated 2.0-litre diesel engines, to ensure a seamless production start-up for Job 1 in the middle of next year.

Ford Motor invests further USD 34,7 m into Gqeberha plant

Source: iol
Previous Post

The effect of Covid-19 on small business and digitalization

Next Post

Phenomenal’ Cristiano Ronaldo praised after breaking 800-goal barrier

Next Post
Phenomenal’ Cristiano Ronaldo praised after breaking 800-goal barrier

Phenomenal' Cristiano Ronaldo praised after breaking 800-goal barrier

RECOMMENDED NEWS

Addressing wheat supply deficit

Addressing wheat supply deficit

1 year ago
1
Benin: A factory will produce oil and bio-coal from cashew waste

Benin: A factory will produce oil and bio-coal from cashew waste

11 months ago
37
Africa must fight ‘strongman’ backslide, billionaire Ibrahim says

Africa must fight ‘strongman’ backslide, billionaire Ibrahim says

6 days ago
2
SEFA approves $1 million grant to develop bioenergy plants in Ghana

SEFA approves $1 million grant to develop bioenergy plants in Ghana

2 months ago
3

BROWSE BY CATEGORIES

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Ads

Categories

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized
The African Business – News About African business

We bring you the best Premium news about African Business.

Follow us on social media:

Recent News

  • World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man
  • Nigeria launches payments card program to rival Visa and Mastercard
  • Develop enabling legislation to fuel the cannabis sector to new highs and boost the economy

Category

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Legal Information

Terms and Conditions
Privacy Policy
Complaints Book

  • Contact

© 2021 The African Business

No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Opinion
  • Lifestyle
  • Sports
  • Green Economy

© 2021 The African Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In