Panasonic Adding Campus In Nevada

Panasonic's new multi-function facility in Reno, NV will support the company's overall electric vehicle strategy.

Panasonic Energy of North America (PENA), a division of New Jersey-based Panasonic Corporation of North America, will expand in Northern Nevada with a new campus in Reno anticipated to open spring 2022.

The 94,483-square-foot existing building is managed by Industrial Realty Group, LLC (IRG) in Reno and is being renovated to become PENA’s division headquarters. It will feature state-of the-art engineering labs, employee recruitment and training facilities, and other support functions.

Reno, NV
(Photo: Panasonic Energy of North America)

“Our new facility in Reno underscores our commitment to evolving and growing to stay at the forefront of the mobility market,” said Allan Swan, president, PENA. “Investing in innovation and workforce initiatives in the local community supports our mission of creating a future powered by sustainable energy.”

The announcement comes seven years after Osaka, Japan-based Panasonic Corporation announced PENA would produce lithium-ion batteries at Tesla’s Gigafactory 1 in Sparks, NV. While operations at Gigafactory 1 will continue, PENA intends to take advantage of the Reno location to expand local engineering capacity and talent acquisition and upskilling, further propelling its position in the electric vehicle market.

“Panasonic has been a phenomenal member of the community and I’m thrilled they continue to drive growth in the area,” said Reno City Council member Oscar Delgado. “I share Panasonic’s commitment to contributing to society and look forward to partnering with Panasonic in the years to come to make a positive impact in Reno.”

“IRG is excited to welcome PENA to the property. We had an excellent experience working alongside the PENA team and their brokers, Brian Armon and Tony Machabee,” said Stuart Lichter, President of IRG. “We are thrilled to reactivate the property and bring jobs and activity back to the site.”

Want to learn more about doing business in Nevada?

Check out all the latest news related to Nevada economic development, corporate relocation, corporate expansion and site selection.

Automotive, Corporate Headquarters, Daily News, Economic Development, Energy & Water, Featured, Industries, Manufacturing, Nevada, Site Selection Factors, USA - Far West

Automotive, Electric Vehicles (EV), headquarters, Industrial Realty Group, Lithium Ion batteries, Manufacturing, nevada, Northern Nevada, Panasonic Energy, Panasonic Energy of North America, PENA, Reno, Site Selection

Sponsored Content
Featured Location

Location Spotlight: Ohio Electric Cooperatives

Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.

Featured Video

Webinars, Podcasts & Videos

supply chain

Listen Now – Supply Chain Gateway: Virginia

From the Port of Virginia to the Hampton Roads Bridge-Tunnel expansion and an eye on air cargo facilities growth, Virginia connects business to markets, domestic and global.

Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

Hear from leaders at the Destination Medical Center and Mayo Clinic Business Development in Rochester about why they feel Minnesota is filled with opportunities for founders and why investors should consider the power of startups in Minnesota.

Business Benefits In Minnesota, a Mayo Clinic Business Development and Destination Medical Center Perspective

Hear from leaders at the Destination Medical Center and Mayo Clinic Business Development in Rochester about why they feel Minnesota is filled with opportunities for founders and why investors should consider the power of startups in Minnesota.

Share to...