DOVER, OH— Global motion technology company Schaeffler announced the expansion of its operations in the U.S. with the addition of a new manufacturing facility focused on producing automotive electric mobility solutions. This announcement represents the company’s commitment to innovation and growth in the Americas region.

Schaeffler is investing over USD 230 million in building the new greenfield manufacturing facility, strategically 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.

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 new facility will create approximately 450 job opportunities by 2032. Positions include manufacturing operators (assembly, welding and CNC), material handlers, manufacturing leaders, engineers, maintenance technicians, tooling technicians, quality professionals and other support staff.

Schaeffler has 15 plants in the Americas region and five Research and Development locations, with U.S. manufacturing locations in Ohio, South Carolina, Missouri, and Connecticut and has made sizeable investments in the region over the past decade. The U.S. represents a strategic growth market for the global manufacturer.