20130826 Proterra .pdf


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26/08/13

Proterra selects Greenville, S.C., as location for R&D, assembly of hybrid vehicles

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Proterra selects Greenville, S.C., as
location for R&D, assembly of hybrid
vehicles
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Tags: m anufacturing, gre e n m anufacturing

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Proterra Inc., which develops and assembles fuel cell hybrid-powered transit vehicles, on
February 4 announced that it will locate a facility for research and development as well as
assembly of its products at the Clemson University International Center for Automotive
Research (CU-ICAR) in Greenville, S.C. South Carolina Governor Mark Sanford and a host of
local and state leaders joined Proterra and Clemson for the announcement.
“We are very excited to pursue the next stage of Proterra’s manufacturing and development in
Greenville," said Jeff Granato, CEO of Proterra Inc. "This new facility will be our first full-scale,
state-of-the-art research and development and manufacturing facility for our groundbreaking
clean transportation solutions. Several months ago, Proterra retained the help of eRealty
Companies Inc. and NPB Capital to assist in the site selection process. After a nationwide
search involving some 30 states, we selected Greenville, South Carolina, as a result of the
state’s numerous benefits in terms of workforce capabilities and research and development
support. Additionally, we were impressed by the efforts of the Governor, the federal
delegation, the local officials and economic development entities which far exceeded our
expectations. We look forward to continuing a long and fruitful level of collaboration with the
state of South Carolina and City of Greenville.”
Granato said CU-ICAR was key to Proterra's decision. "The vision we see here offers a unique
opportunity to develop the future of transportation technology. The partnerships we develop
in this environment will keep us in the lead and help us discover new technologies that lead to
new jobs."
Proterra and its partners design, develop and assemble all-electric and battery-dominant
hybrid drive solutions and complete vehicles for commercial applications including transit,
school and commercial buses, parcel delivery vehicles and other class 4-8 trucks. Its
revolutionary BE-35 fast charge battery electric transit bus has been tested at the Federal
Transit Administration’s Altoona Center as achieving between 17 and 21 miles per gallon
(diesel equivalent), a roughly 500% improvement over conventional diesel buses. Proterra’s
very first vehicle, a battery dominant fuel cell hybrid transit bus funded by the FTA, is in
service in Columbia, South Carolina. Proterra is headquartered in Golden, Colorado, at the
Coors Technology Center.

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Clemson University President James F. Barker said the February 4 announcement brings one of
the nation's most innovative transportation companies to upstate South Carolina.
“This is exciting news for Clemson University, for Greenville, and for South Carolina,” Clemson
University President James F. Barker said in making the announcement. “Proterra is an
innovative, dynamic company that brings a new dimension to the CU-ICAR campus. Its
product and processes fit the CU-ICAR curriculum and our program-driven campus perfectly.
We look forward to a great partnership.”
“In addition to Clemson University, many others have worked tirelessly over the past few
several months to convince Proterra that CU-ICAR is the right place to realize their goals for
the future,” Barker added.
Proterra’s investment in Greenville was the result of a coordinated team effort from the federal
delegation to the local level. In addition to Clemson and the Clemson University Research
Foundation, the South Carolina Department of Commerce, senators Lindsey Graham and Jim
DeMint, Congressman Bob Inglis, Greenville Mayor Knox White, Greenville County Council
Chairman H. G. "Butch" Kirven Jr., the Greenville Area Development Council and the South
Carolina Research Authority were involved in structuring the package that led to Proterra's
decision.

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26/08/13

Proterra selects Greenville, S.C., as location for R&D, assembly of hybrid vehicles

“Proterra's decision to put down roots in South Carolina represents not only a significant
investment and new job opportunities, but also another step toward expanding our state's role
in the growing market of next generation environmentally-related technologies,” said Gov.
Sanford. “I’d offer the state's appreciation to Sec. Taylor and his team at Commerce along
with all our economic development partners at the state and local levels for their combined
efforts to make our state that much more competitive in this global economy. With that said,
we look forward to welcoming the Proterra team to South Carolina.”

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Proterra anticipates that it will invest $68 million and create 1,309 new jobs over the next
seven years in Greenville County. The company will require a variety of skilled workers to
support functions such as mechanical assembly, warehouse, logistics, management,
engineering and quality assurance.

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The South Carolina Department of Commerce has approved Proterra for the Job Development
Credits program, which is a performance-based incentive directly related to new job creation
and new capital investment. Additionally, Commerce will make two grants to Greenville County
totaling $3 million to assist with site preparation and infrastructure improvements for the
project.

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Proterra will lease 25 acres in CU-ICAR's Technology Neighborhood Three to construct a
240,000-square-foot building initially, with potential expansion into the entire 50-acre site.
Construction is expected to begin later this spring.

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