Ford Motor Company partnered with 3M in March to develop powered air-purifying respirators and personal protective equipment, and now the supplies are on their way to frontline healthcare workers dealing with the COVID-19 pandemic across the country.
Jim Baumbick, vice president of enterprise product line management at Ford, told Cheddar on Wednesday that the company began shipping respirators to hospitals on Monday and has the capability of producing 12,000 units a week.
"We've prepared to actually build all of the elements of personal protection and ventilators as long as necessary, even as we start to roll in to return to work and crank up the production sites for our normal products," Baumbick said.
Ford is certainly not known for making respirators, but the vice president said they are still ensuring the highest quality in their products as if they were making their normal devices.
"We're taking all kinds of our normal quality approach and standards," Baumbick said. "We're used to building very very complex devices at very high volumes," he said.
In the last 45 days, Ford Motor Company has shipped more than 12 million face shields and 300,000 hospital gowns, which have been in high demand, to cities across the country, according to Baumbick.
"We learned a lot about things like gowns," he said. "This is where getting innovative, thinking about using airbag material, as an example, has enabled us to develop a gown, an isolation gown for these ICU wards, that is reusable, washable up to 50 times," Baumbick said.
With high healthcare costs, bills can quickly add up. In some cases, it is possible to negotiate your medical bills. Barak Richman, law professor at George Washington University, joined Cheddar News to discuss the easiest way to talk to medical debt companies about what's owed.
Millions of people have selected insurance plans for 2024 but sometimes navigating them can be tricky time consuming and expensive. Paula Pant, host of 'Afford Anything' podcast, joined Cheddar News to break down what's needed to know about their insurance plans.
The European Union is investigating Elon Musk's X over alleged illicit content and disinformation on its platform. Cheddar News breaks it all down and discusses what it could mean for users.
Adobe and Figma called off their $20 million merger, Southwest Airlines gets fined, Nippon Steel is buying U.S. Steel and oil and gas prices surge after a pause in shipments.
With more employees being called back to the office, many workers are suddenly protesting by being in the office for as little time as possible. As the term suggests, coffee-badging means coming in for just enough time to have a cup of coffee, show your face, and swipe your badge.
Japan's Nippon steel is buying U.S. Steel for $14.9 billion.
Southwest Airlines will pay a $35 million fine as part of a settlement over a 2022 holiday season disaster that saw the airline cancel thousands of flights and leave millions of people stranded.
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
Stocks opened slightly higher after Monday's opening bell after several weeks of gains as the year closes out.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Load More