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Updated for 2024! An interactive companion to our annual 2024 Site Seekers’ Guide print edition, Business Facilities’ Location Profiles are comprehensive, up-to-date sources of economic development news, contacts, targeted growth sectors, rankings and more for relocating and expanding companies. Tap into unlimited free access to valuable information that will make your site selection and location decisions easier.

electric vehicle manufacturing

Ymer Technology To Open Headquarters In Illinois

Buffalo Grove
The electric vehicle manufacturer invested $5.7 million its new Buffalo Grove headquarters facility.
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Mitsui High-tec To Invest $77M In Ontario EV Manufacturing

A $2.3 million Invest Ontario grant to Mitsui High-tec (Canada) will help further Ontario’s leadership in electric vehicle manufacturing.
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Ford To Create Canadian EV Hub In Ontario

Ford will invest more than $1.3B (US) to transform its Oakville Assembly Complex into the Oakville Electric Vehicle Complex, where it will produce EVs beginning in 2025.
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Ultium Cells To Create Additional 400 Jobs In Tennessee

LG Energy Solution, GM joint venture will invest another $275 million to expand its battery cell manufacturing plant in Spring Hill, TN adding to the $2.3 billion initial investment.
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Hyundai Will Build First Fully-Dedicated EV Plant In Georgia

Hyundai Motor Group will invest more than $5.5B in the electric vehicle and battery manufacturing facility, which will be built at the Bryan County Megasite. 
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VinFast Picks North Carolina For $2B Electric Vehicle Assembly Plant

Vietnamese auto maker VinFast will create 7,500 jobs at its first North American electric vehicle and battery manufacturing plant in Chatham County, NC.
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Georgia Lands North America’s Largest Lithium-ion Battery Recycling Plant

Battery Resourcers will invest $43 million and create 150 jobs in Covington, GA at its first commercial-scale battery recycling plant.
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Bridgestone Creating 250 Jobs With Kentucky Expansion

The $51 million investment in the Firestone Industrial Products’ (FSIP) plant will increase capacity to support the growing demand for advanced air suspension technology in electric vehicles.
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GM Investing $40M At Pontiac, MI Stamping Plant

General Motors will renovate its existing Pontiac, MI facility and install new flexible fabrication technology to support future electric vehicle production.
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Illinois Invests $15M In Advanced Manufacturing Training Academies 

Funding from the Rebuild Illinois capital plan will establish two cutting-edge training academies to prepare workers for future jobs, boost investment in downstate communities.
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