By Michael Elkins
Electric vehicle charging company, Blink Charging Co (NASDAQ:BLNK) announced today that the company has committed to establish a new manufacturing facility in the United States, which will create new jobs and increase charger production capacity to meet growing market demand.
Blink has launched its search to locate a state-of-the-art manufacturing facility in the United States that will provide up to 200,000 square feet of space and will create an estimated 300 additional jobs for highly skilled workers such as engineers and manufacturing personnel. Blink employs over 300 staff in the U.S. with its headquarters in Miami Beach, FL with other offices and facilities in Tempe, AZ, Bowie, MD, and Los Angeles, CA.
The EV charging company has retained the global commercial real estate services firm, Cushman & Wakefield (NYSE:CWK), for its search and has narrowed the U.S. site location to a handful of states including Florida, Texas, Tennessee, and South Carolina.
“We are excited to assist Blink with identifying a location for and executing on the delivery of a new state-of-the-art manufacturing facility in the U.S. Blink is a power player in the electric vehicle charging space and this facility will be paramount in supporting their future growth,” said Andy Heymann, Managing Director at Cushman & Wakefield.
“This is an incredible opportunity to reaffirm our commitment to building Blink EV chargers here in the U.S. and play an integral role in the development of our national EV infrastructure while creating valuable American jobs,” said Michael D. Farkas, Chairman and CEO of Blink Charging. “At Blink, we are dedicated to helping build out America’s EV charging infrastructure and contributing to the economy with high-end manufacturing jobs, along with the indirect positions that come from installations, operations, and maintenance. We look forward to working with the Biden Administration and Secretary Walsh to keep manufacturing here in the U.S.”
Shares of BLNK are down 0.73% in mid-day trading on Friday.