Please ensure Javascript is enabled for purposes of website accessibility

Ford Will Make 50,000 GE Ventilators By July 4 to Fight Coronavirus

By John Rosevear - Updated Mar 30, 2020 at 4:57PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

A Ford factory in Michigan will soon be working around the clock.

Ford Motor Company (F 3.06%) said that it will make 50,000 ventilators in the next 100 days, in Michigan, in a collaboration with the healthcare division of General Electric (GE 2.95%). 

Ford will begin making the ventilators during the week of April 20 at an idled parts factory. Ford has committed to produce 50,000 ventilators by July 4, and will be able to make up to 30,000 per month thereafter as needed. 

The factory, a Ford parts plant in Rawsonville, Michigan, will have 500 workers operating on three shifts, around the clock. The United Auto Workers labor union, which represents Ford's hourly workers, is supporting the venture. 

GE/Airon Model A-E Ventilator.

GE/Airon Model A-E Ventilator. Image source: Ford Motor Company.

Ventilators, which help seriously ill patients breathe, are in critically short supply as U.S. hospitals mobilize to handle COVID-19 patients. With their factories shuttered, Ford and other automakers have been looking for ways to use their manufacturing expertise and supply chains to assist healthcare workers and first responders battling the coronavirus pandemic. 

The ventilator that Ford will build is an FDA-approved design by Florida-based Airon Corporation, which has agreed to license the design to GE. Ford and GE Healthcare said last week that they were working together to develop a simplified ventilator that Ford could manufacture in large quantities, quickly. 

GE executives brought the Airon design, which operates on air pressure and does not require electricity, to Ford's attention. Airon normally produces 3 ventilators a day; Ford expects to produce 7,200 per week once it reaches full production.

Ford expects to ship the first 1,500 ventilators by the end of April.

John Rosevear owns shares of Ford. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Ford Motor Company Stock Quote
Ford Motor Company
F
$15.50 (3.06%) $0.46
General Electric Company Stock Quote
General Electric Company
GE
$77.14 (2.95%) $2.21

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
373%
 
S&P 500 Returns
122%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 08/11/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.