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Ford Motor Co.is working with a key supplier to shift some parts production from MI to Ontario, Canada, after a fire and subsequent parts shortages forced the automaker to halt manufacturing of its highly profitable full-size pickups, according to sources familiar with the companies' plans.

The plants that produce the F-150 are in Kansas City and Dearborn.

The F-150 is so important to Ford that Albertine wrote that he is considering adjusting his earnings projections for the automaker once the full-impact of the supplier fire is known.

Ford Motor Company has halted production of its best-selling F-150 pickup truck. However, Ford says dealers' inventories of the trucks are large enough to prevent a near-term shortage. The shortage is affecting multiple Ford plants, including the one in Claycomo.

The Meridian fire, which occurred on May 2, has been described by local officials as the worst fire in Eaton Rapids in the last 40 years.

A number of carmakers have since reported taking action to cope with parts shortages. The Avon Lake, Ohio plant makes commercial grade trucks, including the "chassis cab" F-350, F-450 and F-550, along with the big F-650 and F-750 heavy duty trucks.

A Ford spokeswoman told Insider via email that the situation was "fluid" and that decisions were being made "day by day", though she did not provide details about the projected length of the shutdown.

Ford has halted production of that model at its assembly plant in Kansas City, which employs 3,600 people, and will likely follow suit at its Dearborn, Michigan facility this week, where 4,000 workers are employed. USA safety regulators are investigating whether a recall of Ford F-150 pickup trucks for brake failures should be expanded to more model years.

Last week, on May 22nd, an explosion caused a major fire at the Meridian Magnesium Products plant in Eaton Rapids, Michigan, severely damaging the factory.

Hackett has also said Ford will accelerate investments in self-driving vehicles, electric cars and other technology. "We have to rebuild the whole supply chain", he added.

"Customers won't have a problem finding the model they want", he said.

The cause of the fire at the Meridian plant isn't known.