# John Deere and Kreisel Electric to build electric powertrain facility in Kernersville

John Deere and its majority-owned subsidiary Kreisel Electric will locate a new facility adjacent to John Deere's Kernersville, North Carolina plant, creating 60-90 jobs and investing over $65 million. The facility will serve as the North American Headquarters for John Deere Electric Powertrain.

- Type: Expansion
- Announced: 2023-08-14
- Where: Kernersville, North Carolina, United States
- Value: $65.0M
- Jobs: 90
- Status: announced
- Products: lithium-ion battery systems, electric powertrains for off-highway equipment
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [winstonsalem.com](https://www.winstonsalem.com/2023/08/john-deere-electric-powertrain-expansion/), 2023-08-14: "This joint venture brings together our expertise in battery technology and charging systems with John Deere’s off-road equipment engineering and manufacturing excellence."

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