# John Deere Electric Powertrain to invest $69M in battery plant in Kernersville

John Deere Electric Powertrain LLC will invest $69.6 million to establish its North American headquarters and build a battery and charger manufacturing facility in Kernersville, North Carolina, creating 50 jobs.

- Type: New facility
- Announced: 2023-08-14
- Where: Kernersville, North Carolina, United States
- Value: $69.6M
- Jobs: 50
- Status: announced
- Capacity: 115,000-square foot facility
- Products: Kreisel battery packs, CHIMERO charger technology
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [John Deere Electric Powertrain](https://endata.com/companies/72039.md)
- [Deere & Company](https://endata.com/companies/21933.md) (partner)
- [Kreisel Electric](https://endata.com/companies/59770.md) (partner)

## Sources

- [commerce.nc.gov](https://www.commerce.nc.gov/news/press-releases/2023/08/14/john-deere-electric-powertrain-invest-69-million-its-north-american-headquarters-and-new-battery), 2023-08-14: "John Deere Electric Powertrain LLC will invest $69.6 million to establish its North American headquarters and build a battery and charger manufacturing facility in the Town of Kernersville."
- [enr.com](https://www.enr.com/articles/57109-industry-leads-for-the-week-of-september-18-2023), 2023-09-14: "John Deere Electric Powertrain LLC, a joint venture between John Deere and Kreisel Electric, is considering constructing an electric battery manufacturing plant on a site adjacent to John Deere’s hydraulic excavator plant in Kernersville, N.C., or near John Deere’s utility tractor plant in Grovetown"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.