Smith Electric Vehicles adding up to 200 manufacturing jobs
Smith Electric Vehicles will open its third U.S. factory in Chicago.
Up to 200 jobs will be created at a Chicago plant that manufactures electric vehicles when Smith Electric Vehicles opens it next year, according to a report in the Chicago Sun-Times. The company’s also has factories in New York City and Kansas City.
Smith Electric chose Chicago because because it is pursuing a strategy of small regional manufacturing centers, and because Mayor Rahm Emanuel recently announced that $15 million in federal grant money would be used to incentivize local truck fleets to switch to electric motors, the company told the New York Times.
This month, Chicago's sanitation division signed a contract with Motiv Power Systems, of Foster City, Calif., to convert some of the city’s garbage trucks into electric vehicles.
Kansas City-based Smith Electric Vehicles is headed toward an IPO but was showing signs of financial stress earlier this fall.
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