Mahindra, a California-based electric scooter manufacturer, opened a 37,000-square-foot manufacturing plant in Ann Arbor.
Financial Impact:
Mahindra GenZe invested about $2 million into a 37,000-square-foot manufacturing facility.
Employment Impact:
Mahindra GenZe plans to expand its 57-worker U.S. workforce to upwards of 100 people by the end of 2012.
Industry Impact:
Mahindra GenZe is part of a global initiative by the $16.7 billion multi-national Mahindra Group to address the growing problem of transportation in crowded cities across the world and part of their mission to become a global mobility company and build brand awareness in the U.S.
Ann Arbor SPARK helped Mahindra GenZe navigate the process and secure a $300,000 Michigan Business Development Program performance-based grant from the Michigan Economic Development Corp. as well as identify a site for its new facility.
