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Schaeffler Announces New Ohio Automotive Manufacturing Facility

By Cameron Kerkau Associate Editor, SME Media

Schaeffler AG is adding a manufacturing facility in Dover, Ohio, focused on producing automotive electric mobility solutions, the company announced today.

Schaeffler is investing $230 million in Ohio by 2032, the company says, in constructing the Dover facility and other expansions. As part of an agreement with the State of Ohio and JobsOhio, the state's private economic development corporation, Schaeffler will receive incentives via grants and tax credits for these investments.

Construction on the 130,000-square-foot facility will begin in mid-2024, with an estimated completion in late 2025. Schaeffler will manufacture electric axles for light and medium-duty vehicles at the Dover site.

“Our new plant will play a pivotal role in shaping our future in the Americas region,” says Marc McGrath, CEO of Schaeffler Americas. “Dedicated to advancing our innovative product offering, our new Dover, Ohio facility will feature state-of-the-art production processes so we can better serve our customers, while also adopting sustainable practices, as we continue to pioneer motion.”

According to the company, the Dover facility will create approximately 450 job opportunities by 2032 while incorporating eco-friendly practices. Schaeffler hopes to be climate neutral by 2040.

The new manufacturing facility location is near Schaeffler’s transmission systems manufacturing site in Wooster, Ohio, which recently received an expansion of almost 90,000 square feet. Schaeffler has 15 plants in the Americas, with United States locations in Ohio, South Carolina, Missouri and Connecticut.

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