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Korea-Based Electric Car Maker Planning Two Facilities in Pennsylvania

CT&T Company Ltd., a South Korea-headquartered manufacturer of electric vehicle technologies, will locate two production and distribution facilities in Pennsylvania, according to the Pennsylvania governor's office. The company plans to create at least 400 new jobs at the two sites, the exact locations of which have not yet been determined. CT&T produces low- and mid-speed, short-distance "neighborhood electric vehicles" that reach speeds of 40 miles per hour and run on plug-in rechargeable batteries. "We are looking forward to becoming a contributing part of Pennsylvania's bold moves to become a leader in green transportation and the creation of green economy jobs," says Young Gi Lee, CT&T's president. "We feel our efforts here will be a showcase for other states and municipalities throughout the United States." The company is focusing on locating its first facility along the Delaware River in the Philadelphia area, and company officials are scouting locations in the Pittsburgh region for the second facility. Lee says his company's long-term business plan calls for 40 regional assembly and sales systems in North America.

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