Dover, Ohio, October 21, 2025
The Dover Schaeffler plant has been awarded Ohio Project of the Year for its groundbreaking manufacturing expansion. This recognition highlights the substantial job creation and economic development that the plant has contributed to the local economy, showcasing the importance of such initiatives in fostering growth and stability in Ohio.
Dover, Ohio – Schaeffler’s Manufacturing Facility Recognized as Ohio’s Project of the Year
Dover, Ohio – The Schaeffler manufacturing facility under construction in Dover has been honored as Ohio’s Economic Development Project of the Year. This recognition highlights the project’s significant impact on job creation and economic development in the region.
Project Overview
The Schaeffler facility, a $230 million investment, is set to span approximately 300,000 square feet and is expected to create about 450 new jobs. The plant will focus on manufacturing components for electric and hybrid vehicles, contributing to the growing electric vehicle industry in Ohio.
Economic Impact
The project is anticipated to generate an associated payroll of $27 million, bolstering the local economy. The facility’s construction is underway, with completion expected in the third quarter of 2025. The development has also led to infrastructure improvements in the area, including stormwater management and utility enhancements, funded through state grants and local investments.
Background
Schaeffler, a global manufacturer of high-precision components and systems for engines and transmissions, operates a facility in nearby Wooster, Ohio. The new Dover plant will manufacture electric beam axles and electric drivetrain systems to support the hybrid and electric vehicle industry. The project reflects Schaeffler’s commitment to innovation and growth in the Americas region, aligning with Ohio’s strategic focus on advancing automotive technology and creating high-wage, high-skill jobs.
Frequently Asked Questions (FAQ)
What is the Schaeffler manufacturing facility in Dover?
The Schaeffler manufacturing facility in Dover is a $230 million investment spanning approximately 300,000 square feet, focusing on manufacturing components for electric and hybrid vehicles. It is expected to create about 450 new jobs and is scheduled for completion in the third quarter of 2025.
What economic impact is the facility expected to have?
The facility is anticipated to generate an associated payroll of $27 million, contributing significantly to the local economy. Additionally, the project has led to infrastructure improvements in the area, including stormwater management and utility enhancements, funded through state grants and local investments.
What products will be manufactured at the Dover plant?
The Dover plant will manufacture electric beam axles and electric drivetrain systems to support the hybrid and electric vehicle industry, aligning with Schaeffler’s commitment to innovation and growth in the Americas region.
What is Schaeffler’s presence in Ohio?
Schaeffler operates a facility in Wooster, Ohio, and the new Dover plant will complement this by focusing on electric mobility solutions, contributing to Ohio’s strategic focus on advancing automotive technology and creating high-wage, high-skill jobs.
Key Features of the Schaeffler Manufacturing Facility in Dover
| Feature | Details |
|---|---|
| Investment | $230 million |
| Facility Size | Approximately 300,000 square feet |
| Job Creation | About 450 new jobs |
| Product Focus | Electric beam axles and electric drivetrain systems for hybrid and electric vehicles |
| Completion Date | Third quarter of 2025 |
| Economic Impact | Associated payroll of $27 million |
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Author: Construction FL News
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