GreenTech’s Tunica facility construction hits Phase 2
Construction of GreenTech Automotive’s facility in Tunica has entered Phase 2.
That encompasses the main building phase, a company press release said Wednesday.
“After more than a year of planning, testing and site preparation, we are excited for GreenTech’s permanent home to start taking shape in Phase 2,” said Charles Wang, Greechairman and CEO of GTA. “The new facility is being designed for a production capacity of 30,000 vehicles per year. We are looking forward to completing the new facility early next year and continuing to create new jobs in northern Mississippi.”
Phase 2 will include the construction of GTA’s manufacturing facility, offices and meeting space, and will run through the end of this year. Production is scheduled to start by April 2014. GTA currently operates a pilot manufacturing facility in Horn Lake, where it builds MyCar, a two-seat Neighborhood Electric Vehicle, and GTA’s new five-seat, All-Electric Sedan. Production at the Horn Lake plant started last summer.
GreenTech has until the end of 2014 to create a minimum of 350 jobs at its Tunica facility, per the terms of a $3 million loan the Mississippi Development Authority made the company in 2011.