Microvast Holdings is adding a new location soon in Right to Work Lake Mary, Florida. This will serve as the lithium-ion battery company’s new research and development facility. In addition, they also plan to create 100 new jobs. So this is great news for the area’s economy! It also shows how Right to Work states attract great companies that then create new job opportunities for workers in the area.
From Area Development Magazine:
“Our goals and objectives are centered around thinking forward, powering now and the new R&D center is an important milestone in that journey. […] This investment will support our long-term growth objectives by ensuring that our technologies remain on the forefront, pushing the boundaries of non-flammable material technologies, fast charging cells and battery lifetimes for many years to come.” […]
“[ Microvast Holdings is ]excited to expand our presence in the Orlando area, which is a hub for innovation with exceptional STEM talent from multiple nearby universities. […] We have already begun recruiting and investing in engineers and PhDs for this new facility, which will complement our existing R&D presence of more than 500 professionals in Huzhou, China.”AREA DEVELOPMENT MAGAZINE
To read more updates on Right to Work states, click here.