CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

LATEST MAGAZINE

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

Schaeffler building new automotive manufacturing facility in Ohio

Share This Post
Schaefller is investing over USD 230 million in building the new greenfield manufacturing facility, located in Dover, Ohio, as well as future expansions in the state until 2032. PHOTO courtesy Schaeffler.

Schaeffler is expanding its US operations with the addition of a new manufacturing facility focused on producing automotive electric mobility solutions.

The company says the new facility represents its commitment to innovation and growth in the Americas region.

Schaeffler is investing over USD 230 million in building the new greenfield manufacturing facility, located in Dover, Ohio, as well as future expansions in the state until 2032. As part of an agreement with the State of Ohio and JobsOhio, the company will receive incentives via grants and tax credits for these investments that will create 650 jobs in the state. These jobs will lead to growth at the company’s current facility in Wooster, Ohio, and the new manufacturing facility in Dover.

Construction of the new facility will begin in mid-2024 with an estimated completion in the third quarter of 2025. Once complete, the first phase of the facility will boast roughly 130,000 square feet of advanced manufacturing space dedicated to electric mobility solutions for the automotive industry. Products manufactured at this site will include electric axles for light and medium-duty vehicles.

“Our new plant will play a pivotal role in shaping our future in the Americas region,” said Marc McGrath, Chief Executive Officer of Schaeffler Americas. “Dedicated to advancing our innovative product offering, our new Dover, Ohio facility will feature state-of-the-art production processes so we can better serve our customers, while also adopting sustainable practices, as we continue to pioneer motion,” continued McGrath.

The new facility will produce Schaeffler-designed and manufactured tools and equipment such as electric axles.

Share This Post

 

Recent Articles




Wordpress Social Share Plugin powered by Ultimatelysocial
error

Enjoy this post? Share with your network