Please ensure Javascript is enabled for purposes of website accessibility

Ford to Produce Coronavirus Personal Protective Equipment in South America

By Scott Levine - Apr 2, 2020 at 3:36PM

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

As the outbreak of the novel coronavirus continues to spread globally, Ford will make face shields at factories in Brazil and Argentina.

Opening up another front in the battle against the novel coronavirus, Ford Motor Company (F 0.75%) is setting its sights on South America. The automaker plans on making 50,000 face shields at its factories in Brazil and Argentina, according to Reuters, which the company will then donate to help meet an ever-increasing demand for personal protective equipment. In addition to making face shields, Ford plans on refurbishing old mechanical respirators with the help of other manufacturers.

Of all the countries in South America, Brazil has been hit the hardest by the outbreak of COVID-19. As of April 1, the country has 6,836 confirmed cases and 241 deaths related to the disease.

A nurse hold a test tube with blood for COVID-19 testing.

Image source: Getty Images.

Ford's recent announcement is the latest in several steps it is taking to help better equip healthcare workers who are scrambling to secure increasingly scarce personal protective equipment. In late-March, for example, the company announced that it was partnering with 3M to produce masks, and it's also partnering with the United Auto Workers (UAW) to produce 100,000 plastic face shields per week at one of its manufacturing facilities.

Ford is not the only auto manufacturer who has taken up the production of masks in response to the pandemic. General Motors has also committed to making masks at one of its production facilities, where it estimates that once production is ramped-up, it can make 50,000 masks daily.

Besides medical professionals, Ford is also looking to meet the needs of those afflicted with COVID-19 and who find themselves in respiratory distress. The company has set a target of producing (at least) 50,000 ventilators by July 4 with the help of the healthcare division of General Electric.

Scott Levine has no position in any of the stocks mentioned. The Motley Fool recommends 3M. 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
$16.15 (0.75%) $0.12
General Electric Company Stock Quote
General Electric Company
$79.21 (-0.89%) $0.71
3M Company Stock Quote
3M Company
$146.68 (0.51%) $0.75

*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
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 08/19/2022.

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.