OSCEOLA, Ark. (KAIT) – Electric auto maker Envirotech Motor vehicles announced a partnership with Arkansas-based mostly Olympus Building to renovate the company’s condition-of-the-artwork production facility in Osceola.
The 580,000 square-feet facility is positioned at 1425 Ohlendorf Highway.
Officials say the whole expense of the challenge is estimated to be a lot more than $80 million. It would include things like updating the facility and buying equipment and products to increase output ability and performance.
“We could not be additional thrilled to partner with the experts at Olympus Design to renovate our initially U.S.-dependent producing facility,” said Phillip Oldridge, CEO of Envirotech. “Throughout 2022, we are building remarkable development in pushing the transportation sector forward in the direction of innovation. As we make this development, we are completely dedicated to supporting local suppliers, nonprofits, and local community organizations.”
Previously this calendar year, Envirotech declared it would track down a multi-million dollar electrical auto plant in the town, with ideas to seek the services of up to 800 employees over the subsequent 10 years.
In April, the initial entirely assembled electric powered vehicles built their debut at the Osceola plant.
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