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REPORT: Think will build U.S. plant in Indiana, appoints two new execs

quarta-feira, 18 de novembro de 2009 ·

REPORT: Think will build U.S. plant in Indiana, appoints two new execs

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Think Global is deepening its roots in Indiana. The City electric car already uses batteries made by local company Ener1, which also owns 31 percent of Think Global. When the Think starts up production again (it was shut down while Think went through bankruptcy and then restructured) the cars are scheduled to be built at new minority shareholder Valmet Automotive’s factory in Uusikaupunki, Finland. Think has 2,300 outstanding orders for the City and Valmet plans on building twice that many Citys next year.

But Think also wants to build cars in the U.S. in the future, and Ener1 chairman and CEO Charles Gassenheimer told Reuters that the plant will be located somewhere in Indiana. Details will be announced in the coming weeks. The company has applied for a U.S. government loan to help build the plant.

Think also announced two new senior appointments, with Jan Brentebråten, who previously worked for Ford and Mazda in Europe, appointed director of marketing, sales and service for Think Global, and Helge Nerland, previously a senior corporate advisor at Fondsfinans ASA, becoming the CFO of Think Global.

Gallery: Th!nk City

[Source: Reuters, Think]

Continue reading REPORT: Think will build U.S. plant in Indiana, appoints two new execs

REPORT: Think will build U.S. plant in Indiana, appoints two new execs originally appeared on Autoblog Green on Wed, 18 Nov 2009 12:59:00 EST. Please see our terms for use of feeds.

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