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Slate Auto , the buzzy new EV startupthat broke stealth this week , is tight to locking in a former printing plantlocatedin Warsaw , Indiana as the future yield site for its gimcrack electric truck , a brushup of public records shows .
The company is expected to lease the 1.4 million - square - foot readiness for an unrevealed sum . Economic development officials toldlocal media earlier this year(without naming Slate ) the factory could employ up to 2,000 people , and that the county offer the undisclosed fellowship an inducement software program .
It ’s not immediately clear what that incentive parcel includes or if it has been settle . Slate did not directly respond to a request for scuttlebutt . Peggy Friday , the CEO of the Kosciusko County Economic Development Corporation said in an e-mail that she is “ under a rigorous non - disclosure understanding with the project . ”
ticket showed an aerial pic of the factory during Thursday ’s event . The company did not say where it was located , but the photo agree apublic listing for the facilityavailable on the Indiana Economic Development Corporation ’s website . TechCrunch previously reported that the caller design to make its EVs , which will cost under $ 20,000 after the federal tax quotation , in Indiana .
“ Our truck will be made here in the USA as part of our commitment to re - industrialise America , ” Slate ’s CEO Chris Barman said onstage while the factory photo was displayed on a filmdom behind her .
Slate ’s direction on domestic fabrication is embedded in the ship’s company ’s desoxyribonucleic acid . The inauguration was to begin with make inside of Re : Build Manufacturing , a Massachusetts - based troupe focus on squawk up the nation ’s power to make things .
The factory in Warsaw was built in 1958 , and was occupy for decades by printing company R.R. Donnelly . It has been dormant for around two years , according to local media .
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Converting a manufactory , especially one that was not previously pump out motorcar , is no cheesy or well-heeled task . Slate has collect a serious war dresser to serve tackle that finish . back in part by Amazon founder Jeff Bezos , Guggenheim Partners CEO Mark Walter , and powerhouse VC firm General Catalyst , the inauguration has raised well over $ 100 million to date .
The feeler Slate is bring in design and building its electric truck should avail keep costs down , too . The fellowship plans to deal wraps for the trucks instead of painting them , think it does not need to build a paint shop at the factory . That alone could deliver Slate century of millions in the plant buildout process .
