Canoo Inc. has announced plans to open a vehicle manufacturing plant in Oklahoma City, Oklahoma. The mobility company will lease the facility from an affiliate of AFV Partners, occupying 500,000 square feet of the complex with the opportunity for expansion. The project is expected to generate 500 new jobs for the surrounding area. According to Canoo, the plant will feature a full general and final vehicle assembly line, robotics, a body shop, paint shop, automated paint line, and more. The company has been working closely with the state of Oklahoma and the Cherokee Nation to finalize a workforce and economic development incentives agreement. For its new plants in Oklahoma City and Pryor, Canoo will receive $113 million in incentives over 10 years. As part of the agreement, Canoo will receive payments from the Quality Jobs program and the Quick Action Closing Fund, as well as training support. The Cherokee Nation will also help Canoo identify skilled workers within their reservation to work at the company’s facility.
In a recent quote, Tony Aquila, Chairman and CEO at Canoo. Said, “One of the reasons we picked Oklahoma is because it has one of the most amazing workforces in America. They have proven themselves across many industries, including aviation and aero defense, which is why we are excited to announce our second manufacturing facility in Oklahoma City, following our Vehicle Module Manufacturing Facility event on April 5, in Pryor, OK. I want to thank Mayor Holt and the people of Oklahoma City for welcoming us. I also want to thank Secretary of Commerce Mariska and his team for all their help, as well as Terex leadership for allowing us to get started with our teams prior to the close.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.