Global motion technology company Schaeffler will expand its operations in the U.S. with the addition of a new manufacturing facility focused on producing solutions for the electric vehicle (EV) industry. Schaeffler will invest more than $230 million to build the new greenfield manufacturing facility in Dover, Ohio, as well as future expansions until 2032. This investment will create a total of 650 jobs at the Germany-based company’s current facility in Wooster and the new manufacturing facility in Dover. The Ohio Tax Credit Authority has approved a Job Creation Tax Credit for the projects.
