Ford to suffer $1B hit from brutal factory fire at key supplier: analysts

Ford will likely suffer as much as a $1 billion hit to its earnings from a devastating fire at a key supplier’s New York factory last month — with F-150 trucks expected to bear the brunt of the disaster, analysts warned on Wednesday.

A late-night fire on Sept. 16 leveled parts of a Novelis aluminum factory in Oswego, New York, and is likely to keep most of the factory down through early 2026.

While the Novelis factory acts as a supplier for many automakers, Ford is expected to be hit the hardest. It’s the largest user of the plant, since its popular F-150 trucks are made with a mainly aluminum body.

A late-night fire on Sept. 16 leveled parts of a Novelis aluminum factory in Oswego, New York. Andia/Universal Images Group via Getty Images

“Since the fire nearly three weeks ago, Ford ha