New facility in White Marsh, Maryland, will support rising customer demand for industrial EVs
May 16, 2022
BALTIMORE—Technology developer and manufacturer Greenland Technologies Holding Corporation has selected Baltimore County, Maryland, for the next phase of a “major U.S. expansion” that involves building a 54,000-square-foot manufacturing facility in White Marsh, the company said in a release.
The White Marsh manufacturing facility, expected to open in July 2022, is said to be central to Greenland Technologies’ strategy to support increasing customer demand for its line of electric industrial vehicles. The company manufactures electric industrial vehicles and drivetrain systems for material handling machinery and vehicles.
“We welcome Greenland Technologies’ new U.S. manufacturing operations to Maryland, and are thrilled to see the company’s vision come to life at its location in Baltimore County,” said Maryland Governor Larry Hogan, in the release. “Greenland’s innovative technologies will allow the company to easily make its mark in the Mid-Atlantic and continue growing its presence throughout the nation.”
Since its establishment in 2006, Greenland Technologies has grown into a large provider of transmission and drivetrain systems for material handling equipment, such as forklift trucks that are used in industrial and logistics settings. The company said its R&D investments and record of innovation have established it as a cutting edge developer of clean energy technology.
“We are excited and confident in our decision to build out in Maryland, given our extensive selection process,” said Greenland CEO Raymond Wang, in the release. “As we have moved forward, our selection has been validated each step of the way. The Governor’s team and local officials clearly share in our vision and enthusiasm for electrification and understand the positive implications on job creation [and] economic benefit, and to Greenland specifically. Having such committed and supportive partners is essential to our long-term success and ability to quickly ramp our new manufacturing facility in support of the strong customer demand for our industrial electric vehicles.”
To support its expansion, Greenland submitted a notice of intent to use the state’s More Jobs for Marylanders program, administered by the Maryland Department of Commerce. The program provides incentives for manufacturers to create new jobs in the state, and for non-manufacturers that locate or expand in Maryland Opportunity Zones. The More Jobs for Marylanders Act 3.0 (Senate Bill 391/House Bill 418) was introduced this year by Governor Larry Hogan to extend the program for an additional five years through 2027, according to the release.
“Attracting international companies, such as Greenland Technologies, to Maryland is an important part of increasing and refining our state’s global reach,” said Maryland Commerce Secretary Mike Gill, in the release. “Our team is delighted to welcome this innovative company to our state, and we look forward to watching Maryland’s manufacturing sector continue thriving.”
Greenland conducted a comprehensive national selection process before selecting Maryland earlier this year. It selected Baltimore County after reviewing multiple criteria, including location, workforce, incentives, and logistics, the company said.
“We are thrilled that Greenland Technologies has chosen Baltimore County as home for its U.S. manufacturing operations,” said Baltimore County Executive John Olszewski, in the release. “We are excited to welcome Greenland and more green manufacturing jobs to Baltimore County. Greenland’s innovation and leadership in developing clean, green, and zero-emission industrial equipment is critical in enabling us to achieve cleaner air and a better Baltimore County.”