# 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.

- Type: New facility
- Announced: 2023-08-16
- Where: Kernersville, Forsyth County, North Carolina, United States
- Value: $69.6M
- Jobs: 50
- Status: announced
- Capacity: 115,000 square feet
- Products: battery packs, charger technology
- 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

- [areadevelopment.com](https://www.areadevelopment.com/newsItems/8-16-2023/deere-company-kreisel-electric-gmbh-kernersville-north-carolina.shtml), 2023-08-16: "The $69.6 million project is expected to create 50 jobs in Forsyth County."

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