Schaeffler to build new facility for e-mobility solutions in US – ET Auto

baua



The new facility will produce products with cutting-edge technology, featuring Schaeffler-designed and manufactured tools and equipment.

Global motion technology company Schaeffler is expanding its operations in the U.S. with the addition of a new manufacturing facility focused on producing automotive electric mobility solutions.

It is investing over USD 230 million in building the new greenfield manufacturing facility in Dover, Ohio, as well as future expansions in the state until 2032. As part of an agreement with the State of Ohio and Jobs Ohio, 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, the company said.

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 products with cutting-edge technology, featuring Schaeffler-designed and manufactured tools and equipment. The products include electric axles, showcasing Schaeffler’s dedication to delivering sustainable and efficient high-performance solutions for the rapidly evolving electric vehicle market. Beyond innovation, sustainability is at the core of Schaeffler’s operations. The new facility will incorporate eco-friendly practices, aligning with the company’s commitment to environmental responsibility and to be climate neutral by 2040, the company said in a media release.

  • Published On Feb 27, 2024 at 10:51 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETAuto App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App


ReElement Technologies, a rare earth element and critical battery metal producer, has partnered with EDP…

Wireless EV charging pioneer WiTricity has announced that it will be one of the founding…

The rollout of the Tesla Semi has been slower than EVangelists would have liked. The…