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Ford turned a $3.26 billion profit in the first quarter, the highest since 2011, despite semiconductor shortages that disrupted production at its auto factories in the Calumet Region and across North America.
Ford made 1.7 million cars, pickup trucks and sport utility vehicles in the United States in 2020, or 188,000 more than any other automaker, accounting for about one in five vehicles manufactured in the U.S., according to IHS Markit s 2020 light vehicle production and sales data. Joseph S. Pete
The Dearborn, Michigan-based automaker, which operates the Chicago Assembly Plant and the Chicago Stamping Plant in the Calumet Region, brought in $36.2 billion in revenue and a record Earnings Before Interest and Taxes of $4.8 billion.
DearbornMichiganUnited-statesDenverColoradoChicagoIllinoisAmericaJim-farleyDavid-zalubowskiChicago-assembly-plantFord-motor-coIndiana led the nation in steel production in 2020Â â again.
The Hoosier State has been the top steel-producing state in the country for more than 40 years, mainly due to the hulking integrated steel mills that ring the south shore of Lake Michigan. Indiana produced 21.6 million net tons of Raw Steel In 2020, down 13% from 2019, again leading the U.S., said Lisa Harrison, senior vice president of communications for the American Iron and Steel Institute, a Washington, D.C.-based trade association that represents the steel industry.
Indiana produced a total of 21,573,225 tons of steel in 2020, which was down 3.1 million tons as compared to the 24,730,239 tons Indiana made in 2019. Output is down 19.4% as compared to the 26.7 million tons Indiana made in 2018, largely because of the coronavirus pandemic.
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