Electric Powertrain Manufacturer Wrightspeed To Relocate To Alameda Point, California
01/21/2015
Wrightspeed designs and manufactures electric powertrain units that can be easily installed in existing delivery and garbage trucks. Once outfitted with Wrightspeed's technology, the trucks become near zero-emission, quiet, and efficient commercial vehicles. Wrightspeed is the leading manufacturer of range-extended electric powertrains for commercial trucks in the world, and counts FedEx among its growing list of customers. Moving to hangar 41 will facilitate Wrightspeed's creation of 280 new Bay Area jobs by 2018.
"This is a significant move for us and we thank both the City of Alameda and the California Energy Commission for their support in meeting our commercial scaling needs," said Ian Wright, CEO of Wrightspeed. "Alameda Point has a rich transportation history, and we're pleased to be part of its next iteration as a hub of commercial innovation. I know our employees and partners will find that Alameda is a great business location and a great community to call home." Backed by a California Energy Commission manufacturing grant, Wrightspeed will invest $3 million in the City-owned 110,000 square foot historic Hangar 41 at the former Alameda Naval Air Station.
"Wrightspeed's relocation to Alameda Point is part of the trend that is fueling Alameda's continuing growth as a hub of innovation in the alternative energy and advanced manufacturing sectors," said City Manager John Russo. "As Wrightspeed has discovered, Alameda possesses all of the key business fundamentals companies need to succeed in today's competitive marketplace: superior location, affordability, high quality of life, and a supportive City government."
Project Announcements
NYX Linden Expands Linden, Tennessee, Manufacturing Operations
03/20/2023
Arcosa Wind Towers Plans Belen, New Mexico, Wind-Tower Manufacturing Plant
03/20/2023
The Federal Metal Company Plans North Little Rock, Arkansas, Manufacturing Plant
03/20/2023
Full Throttle Fulfillment Solutions Plans Liberty, Indiana, Operations
03/20/2023
Tex-Tech Industries Plans Winston-Salem, North Carolina, Manufacturing Plant
03/20/2023
Patten Seed Company Relocates-Plans Charleston, South Carolina, Corporate Headquarters
03/17/2023
Most Read
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
The Top Investment Location Prospects for Aerospace Manufacturing
Q1 2023
-
Strategies to Overcome Intensifying Industrial Real Estate Challenges
Q1 2023
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023
-
What in the World? FDI Trends to Watch in 2023
Q1 2023