Swiss Company coming to Portland
Filed Under Blog, Portland · Tagged: economy, Home Finder, Portland, Portland Homes
Swiss battery-maker ReVolt Technology announced on Thursday that it had received a $5 million federal stimulus grant which the company will use to move forward on its plans for a Portland manufacturing operations and research center. Meaning jobs for our locals.
ReVolt Technology announced last September that it had chosen Portland, Oregon for its United States Headquarters, where it would eventually employ approximately 250 people in a research and manufacturing operation to develop zinc-air batteries that can be used in electric vehicles and other applications.
James P. McDougall, CEO of ReVolt Technology, said the company had set up an initial Portland office and had began looking for a larger site. Now, with this Recovery Act stimulus award, they are in the planning stages for their facilities for the manufacturing and research operations. The initial planning will continue for the next few months and McDougall is confident that he will have the U.S. operational team in place in Oregon by October 2010.
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