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Schaeffler to build $230M greenfield auto components plant in Dover, Ohio · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Mar 25, 2024INVESTMENTDover, Ohio, United States

Schaeffler to build $230M greenfield auto components plant in Dover, Ohio

Schaeffler plans a greenfield plant in Dover, Ohio, making electric beam axles and electric drivetrain systems, with $230 million for the facility and other Ohio projects through 2032 and 450 jobs. Completion is expected in Q3 2025.

Value

$230.0M

Jobs

450

Status

Announced

Capacity

130,000-square-foot facility

Productselectric beam axleselectric drivetrain systems

CompaniesSchaeffler

Sectors#Automotive Components

“A total of $230 million will be used for construction of the 130,000-square-foot facility and other Ohio projects until 2032.”industryweek.com

1 source
industryweek.comBrand New Manufacturing Facilities Announced in Q1 2024 | IndustryWeekMar 25, 2024

Summarized from public sources; check the original articles before acting on it.

More from Schaeffler

Feb 27, 2024NEW FACILITYDover, Ohio, United States$230.0M650 jobs
Schaeffler to build $230M electric axle plant in Dover, Ohio
Schaeffler JobsOhio partner aftermarketnews.com
Nov 27, 2023ACQUISITIONHerzogenaurach, Germany
Schaeffler signs business combination agreement to acquire Vitesco Technologies
Schaeffler acquirer Vitesco Technologies target schaeffler.com
Nov 1, 2023INVESTMENTTaicang High-Tech Industrial Development Zone, China
Schaeffler signs investment agreement for New Energy Phase III project in Taicang
Schaeffler investor Taicang High-Tech Industrial Development Zone partner autonews.gasgoo.com
Nov 1, 2023EXPANSIONTaicang, Jiangsu, China
Schaeffler inaugurates New Energy Phase II Factory in Taicang, China
Schaeffler autonews.gasgoo.com
Oct 22, 2017NEW FACILITYSvitavy, Czechia$118.0M900 jobs
Schaeffler opens EUR 100 million thermal management module plant in Svitavy, Czech Republic
Schaeffler w3.windmesse.de just-auto.com

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