Schaeffler Group USA to build manufacturing facility in Dover, creating 650 jobs

DOVER ‒ Schaeffler Group USA, which provides components for drivetrains in automotive, aerospace and industrial applications, will build a new manufacturing facility in Dover, bringing 650 jobs and $54 million in associated payroll to Wayne and Tuscarawas counties.

Schaeffler operates a manufacturing facility in Wooster and an automotive aftermarket operation in Strongsville. It is a global manufacturer of high-precision components and systems for engines and transmissions. The company’s new facility in Dover will manufacture electric beam axles and electric drivetrain systems to support the hybrid/EV industry.

The Schaeffler Group will build a new manufacturing facility in Dover. The company expects to break ground later this year, and is projecting to bring 650 jobs to residents of Wayne and Tuscarawas counties.
The Schaeffler Group will build a new manufacturing facility in Dover. The company expects to break ground later this year, and is projecting to bring 650 jobs to residents of Wayne and Tuscarawas counties.

The new jobs will be spread out between Dover and Wooster. The manufacturing facility in Dover will offer various employee amenities and developmental opportunities. The company expects to break ground in mid-2024 and open in quarter three of 2025.

The Ohio Tax Credit Authority approved a Job Creation Tax Credit for the project. The company has also committed to retaining 1,622 current jobs and making more than $230 million in total fixed-asset investments.

This article originally appeared on The Times-Reporter: Schaeffer Group to build manufacturing plant in Dover, create 650 jobs