Forsee Power (FR0014005SB3 – FORSE) (Paris:FORSE), an
expert in smart battery systems for sustainable electromobility,
today announces at the SelectUSA Investment Summit in Washington
D.C. that the Group establishes its North American headquarters and
gigafactory in Hilliard, Ohio.
This is a major step in the development of the Group that now
has a unique international footprint in the battery system
industry.
Building a ‘Buy America’ compliant presence in a very
strategic market
The Group will continue serving existing customers and will
develop a local customer base in North America. Forsee Power will
establish an industrial base in the United States to target the
growing commercial vehicle market, primarily buses, trucks,
off-highway vehicles, light urban and utility vehicles and trains.
This will not only optimize costs and the supply chain – which is
beginning to take hold on the continent – but it is also a
requirement for certain key markets such as the city bus market,
which requires a local presence to comply with the FAST Act (70% of
value must be produced locally in public procurement).
The Group will leverage its experience of more than 1,200 buses
and 100,000 light vehicles equipped with Forsee Power
batteries.
A scalable 3-GWh manufacturing site with 150 employees by
2027
Forsee Power has selected Hilliard, Ohio, located in the
Columbus Region, to establish its North American headquarters and
Gigafactory, pending approvals.
To quickly start operations, the Group will duplicate the
production of existing products and product ranges, cover the needs
of current and local customers with its line of battery systems, as
well as systems designed specifically for the US market and foster
the emergence of a local skills base.
The Group’s aim is to achieve production capacity of 3 GWh in
the United States by 2027, which it estimates would involve
first-phase investments of more than EUR 13 million, adapting its
product offer to the local market, building production lines, and
recruiting a local team of 150 employees.
The site, located at 4555 Lyman Drive in Hilliard, Ohio in the
Columbus Region is 138,000 square feet (13,000 square meters) and
will host corporate office, manufacturing operations and R&D
capabilities. It is a scalable site, strategically located to
attract operators and as well engineers in a fast-growing
neighborhood.
Jay Deis is appointed President of Forsee Power North
America
Jay Deis, an American citizen, is appointed President, Forsee
Power North America. He will establish the North American
organization, manufacturing operations and product expertise
required to serve the North American market. Jay has extensive
international experience in the automotive and commercial vehicle
industries having spent 20 years with the French Tier 1 supplier
Faurecia while living in the US, France, and Mexico.
“We found Columbus to have the right ecosystem of potential
supply chain partners, academic partners, and the right fit for
workforce as we are looking at hiring production operators, R&D
engineers and a full leadership team to run our North American
activity.” explains Christophe Gurtner, Chairman & CEO of
Forsee Power. “The US administration has designed a very
ambitious roadmap toward decarbonation. There are tremendous
opportunities to grow on our target market segments: our
field-proven experience, our ability to scale up industrial
capabilities and to innovate zero-emission solutions for electric
vehicle manufacturers will be key assets to rapidly position as a
leader in North America.”
“Forsee Power’s decision to establish its North American
headquarters and new battery production facility in Ohio is a
testament to the advantage of building out the rapidly growing EV
industry in this state,” said Ohio Governor Mike DeWine. “We
welcome Forsee Power’s confidence in Ohio’s talent and innovation,
and we look forward to partnering with them as they produce and
advance this critical technology here.”
“Forsee Power’s decision to choose Ohio for its first U.S.
battery systems manufacturing facility aligns with Ohio’s
exceptional position to be a global leader in smart mobility, EV
production and supply chain development,” said J.P. Nauseef,
JobsOhio president and CEO. “This investment from overseas
attracts a global innovator in the sustainable electromobility
solutions that will bring 150 good-paying jobs while strengthening
this critical supply chain in Ohio.”
About Forsee Power
Forsee Power is a French industrial group specializing in smart
battery systems for sustainable electric transport (light vehicles,
off-highway vehicles, buses, trains and ships). A major player in
Europe, Asia and North America, the Group designs, assembles, and
supplies energy management systems based on cells that are among
the most robust in the market and provides installation,
commissioning, and maintenance on site and remotely. More than
1,200 buses and 100,000 LEV have been equipped with Forsee Power’s
batteries. The Group also offers financing solutions (battery
leasing) and second-life solutions for transport batteries. Forsee
Power recorded revenue from sales of EUR 72.4 million in 2021 and
has more than 600 employees. For more information:
www.forseepower.com | @ForseePower
About JobsOhio
JobsOhio is a private nonprofit economic development corporation
designed to drive job creation and new capital investment in Ohio
through business attraction, retention and expansion. The
organization also works to seed talent production in its targeted
industries and to attract talent to Ohio through Find Your Ohio.
JobsOhio works with six regional partners across Ohio: Dayton
Development Coalition, Ohio Southeast, One Columbus, REDI
Cincinnati, Regional Growth Partnership and Team NEO. Learn more at
www.jobsohio.com. Follow the company on LinkedIn, Twitter and
Facebook.
About One Columbus
As the economic development organization for the 11-county
Columbus Region, One Columbus’ mission is to lead a comprehensive
regional growth strategy that develops and attracts the world’s
most competitive companies, grows a highly adaptive workforce,
prepares our communities for the future, and inspires corporate,
academic and public innovation throughout the Columbus Region. One
Columbus expertly guides companies through the location decision
process. Through strategic business outreach and customized
research, the One Columbus team leverages public, private and
institutional partnerships to grow the Columbus Region’s economy
and strengthen its national and international competitiveness.
Funding is received from more than 300 private organizations, local
governments, academic institutions and JobsOhio. Learn more at
ColumbusRegion.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220627005509/en/
Forsee Power Sophie Tricaud Director of Communication,
Sustainability & Public Affairs investors@forseepower.com
NewCap Thomas Grojean Quentin Massé Investor Relations
forseepower@newcap.eu +33 (0)1 44 71 94 94
NewCap Nicolas Merigeau Media Relations
forseepower@newcap.eu +33 (0)1 44 71 94 98
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