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Deere and Kreisel Electric plan $69.6M battery plant in North Carolina · Endata

◂ Announcements

Aug 16, 2023NEW FACILITYKernersville, Forsyth County, North Carolina, United States

Deere and Kreisel Electric plan $69.6M battery plant in North Carolina

Deere & Company and Kreisel Electric plan to establish a North American headquarters and battery/charger manufacturing facility in Kernersville, North Carolina, with a $69.6 million investment creating 50 jobs.

Value

$69.6M

Jobs

50

Status

Announced

Capacity

115,000 square feet

Productsbattery packscharger technology

CompaniesDeere & Company Kreisel Electric partner

Sectors#Automotive Components #Electrical Equipment

“The $69.6 million project is expected to create 50 jobs in Forsyth County.”areadevelopment.com

1 source
areadevelopment.comDeere & Company-Kreisel Electric GMBH Plan Kernersville, North Carolina, Operations - Area DevelopmentArea Development News DeskAug 16, 2023

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

More from Deere & Company

Sep 27, 2023NEW FACILITYKernersville, North Carolina, United Statesops 2025
KREISEL Electric breaks ground on battery and charger manufacturing facility in North Carolina
Kreisel Electric Deere & Company investor industryinscript.com
Aug 14, 2023EXPANSIONKernersville, North Carolina, United States$65.0M90 jobs
John Deere and Kreisel Electric to build electric powertrain facility in Kernersville
Deere & Company Kreisel Electric partner winstonsalem.com
Aug 14, 2023NEW FACILITYKernersville, North Carolina, United States$69.6M50 jobs
John Deere Electric Powertrain to invest $69M in battery plant in Kernersville
John Deere Electric Powertrain Deere & Company partner commerce.nc.gov enr.com
Oct 11, 2022EXPANSIONThibodaux, Louisiana, United States$29.8M70 jobsops 2024
John Deere invests $29.8M to expand Thibodaux plant for cotton harvesters
Deere & Company theadvocate.com opportunitylouisiana.gov agriculturalequipmentguide.com
Sep 22, 2022INVESTMENTSaran, France, France
John Deere invests in Kreisel Electric battery production expansion
Deere & Company investor Kreisel Electric partner farm-equipment.com
Jul 28, 2022CLOSUREOttumwa, Iowa, United States
Deere moves mower conditioner production from Ottumwa to Mexico
Deere & Company dairyproducer.com

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