The heartland of America stands as a testament to the nation’s industrious spirit. It’s rich history of agriculture, manufacturing, and innovation have propelled industries and created goods essential to the country’s growth, exemplifying the American spirit of creativity and ingenuity.
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Electric vehicle manufacturer ElectraMeccanica (EM) began production in its new Mesa facility Monday, which is projected to create 500 new jobs in the state and produce upwards of 20,000 cars every year.
“We are thrilled to bring production of our vehicles onshore and introduce an enhanced, U.S.-built 2023 model year SOLO EV to market,” said Susan Docherty, CEO of ElectraMeccanica. “It takes a village to do what we are doing. Bringing our manufacturing facility and vision for our company to life only works if there is a true partnership between local and state government leaders who are committed to economic development, along with solid business partners who share a vision to create products that consumers crave.”
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Peloton Interactive announced plans to build its first U.S. factory in Ohio, creating more than 2,000 jobs and investing more than $400 million in the state-of-the-art factory.
The new facility, in Troy Township between Toledo and Bowling Green, will be named Peloton Output Park and will produce Peloton Bike, Bike+ and Peloton Tread starting in 2023. It will employee 2,174 people and generate $138 million in new payroll.
The state approved a 2.301%, 15-year job creation tax credit for the company.
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Ford plans to cut 7,000 jobs, or 10 percent of its global workforce, as part of a reorganization as it revamps its vehicle offerings, the company said Monday. The reorganization will involve some layoffs and reassignments and should be complete by the end of August, a Ford spokeswoman said. Ford has been phasing out most sedan models in the United States as more consumers have opted for pickup trucks and sport utility vehicles. The move, which began last year, will lead to 800 layoffs in North America in total, including about 500 this week, said Ford spokeswoman Marisa Bradley. The company has yet to determine the specifics in other regions, she said. “As we have said, Ford is undergoing an organizational redesign process helping us create a more dynamic, agile and empowered workforce, while becoming more fit as a business,” Bradley said. “We understand this is a challenging time for our team, but these steps are necessary to position Ford for success today and yet preparing to thrive in the future.” Ford had signaled it expected significant job cuts in April 2018 when it announced a plan to phase out several small models in North America. At the same…
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