Schaeffler will inject a $60 million capital investment in its Wooster, Ohio manufacturing plant, for it to become the leading development and production facility of its E-Mobility solutions in the U.S.
The global automotive and industrial supplier revealed its plans on Wednesday, which will see the facility produce hybrid modules for a yet-to-be-announced major U.S. automotive manufacturer.
It will also be engaged in pure electric vehicle technology development, including the production of Schaeffler’s e-Axles.
“Our investment in Wooster, Ohio is another milestone in implementing our strategy ‘Mobility for tomorrow,'” said Schaeffler Group CEO Klaus Rosenfeld.
“Wooster will become our U.S. center for advanced E-Mobility development and will continue shaping mobility through innovation and employee development.
“This new, state-of-the-art manufacturing facility is a testament to our commitment to attract and retain the best and brightest talent.”
Throughout the company’s 40-year history in Ohio, Schaeffler has expanded the Wooster campus 20 times, growing from 27,000 square feet to over 800,000 square feet and employing nearly 2,000 people.
The facility will also serve as the global center of competency of the company’s torque converter product line.
“The expansion has allowed us to streamline our current operations and has prepared us for our future development and production of tomorrow’s mobility solutions,” said Marc McGrath, president, Automotive Americas, Schaeffler.
“It is a testament to the success of the team in Wooster and positions them to carry forward the tradition of delivering the best solutions for today’s vehicles, while also leading the way in future electrification.”
Schaeffler is a partner in the Audi Sport Schaeffler ABT team in the FIA Formula E Championship.