Search
 

Electric Truck Manufacturer Pulls Into the Bronx

NEW YORK CITY-Fueled by state and city tax incentives, Smith Electric Vehicles will launch a 90,000-square-foot auto manufacturing plant near Hunts Point in the South Bronx. Smith's CEO Bryan Hansel tells GlobeSt.com that the plant will open as early as Q2 2012.

By Jacqueline Hlavenka | Updated on November 15, 2011

NEW YORK CITY-The latest in electric car technology will not be coming out of Silicon Valley, Detroit or Cleveland–in fact, it will be localized right here in the Bronx. Smith Electric Vehicles, a Kansas City, MO-based auto manufacturer, will develop a 90,000-square-foot assembly plant for electric commercial vehicles in the South Bronx, making it the first clean-tech manufacturing site of its kind in the borough.

City and state officials gathered at the Bronx County Courthouse on Tuesday morning to welcome the company to the borough, which plans to create–and retain–more than 100 jobs here. “This is a big deal,” said Bronx Borough President Ruben Diaz Jr., who described the development as part of the “master plan” for the future of the Bronx. “We are bringing businesses to the borough, and in this case, it is not any old business,” he said. “We are creating good-paying jobs and protecting the environment.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.