Ford Motor Company said on Tuesday it had ordered a dozen ultra-cold freezers to safely store Pfizer Inc.’s COVID-19 vaccine, according to Reuters. The company aims to ensure that its workers have access to the vaccines when they are rolled out nationally.

  • Ford’s freezers will be delivered by year-end, and the company is working out the details of how they will be used 
  • Ford’s purchase reflects efforts by U.S. states and cities to buy equipment for storing Pfizer’s vaccine doses at temperatures of minus 70 Celsius (minus 94 Fahrenheit), significantly below the standard for vaccines of 2-8 C (36-46 F).
  • Assembly workers are not considered a priority for vaccines, which are expected to be distributed first to healthcare workers and nursing home residents. 
  • Some specialty freezer makers have warned of months-long waits for units.
  • Ford is not working with other companies or states to buy the freezers that are estimated to cost between $5,000 and $15,000 a piece
  • Other automakers such as General Motors are preparing to avail the vaccines to employees although they have not purchased the freezers.

Ford stock is currently gaining as Pfizer is losing. F: NYSE is up 6.37%, PFE: NYSE is down 0.19%