by George Jared (gjared@talkbusiness.net)

Northeast Arkansas electric vehicle manufacturer, Envirotech, has entered into a $27 million agreement with the Arkansas Economic Development Commission. The agreement will aid in facility construction and expansion in Osceola, in addition to hiring and training efforts to bring more than 850 full-time employees to Mississippi County.

Corona, Calif.,-based Envirotech announced in February it would bring an $80 million manufacturing plant to Arkansas with the intention to quickly begin aspects of production.

“We’re excited to announce a partnership with AEDC, which is one of many recent announcements showcasing the company’s ability to ramp up EV production and get more commercial EVs on the road to our customers. We have been making tremendous progress. Final assembly is currently taking place in Osceola and facility renovations are underway. As the state’s only licensed auto manufacturer, we’re excited to have AEDC on board as we work to hire and train more than 850 employees,” said Envirotech Vehicles CEO Phillip Oldridge.

https://talkbusiness.net/2022/07/envirotech-aedc-enter-into-27-million-agreement/