ANN ARBOR, Mich.--(BUSINESS WIRE)--With support from Ann Arbor SPARK, the Michigan Economic Development Corp. (MEDC), and Pittsfield Township, Camel Energy, a subsidiary of Camel Group Battery Academy Co., LTD, is establishing its research and development headquarters in the Ann Arbor region. The company will invest $4.6 million and create 41 jobs at its new location in Pittsfield Township. Camel Energy manufactures batteries for cars, electric vehicles, agriculture, and other applications. The company has been awarded a $300,000 Michigan Business Development Program performance-based grant by the MEDC and will also receive support in filling its new jobs from Ann Arbor SPARK.
“Camel Energy is excited to open its North American headquarters in the Ann Arbor region,” said Zubo Zhang, president of Camel Energy. “As a global leader in the design and development of battery technology for application in the automotive industry, Camel Energy hopes to continue its pursuit of new and innovative technologies from its North American R&D center. Camel Energy wishes to thank Pittsfield Township, the Michigan Economic Development Corporation and SPARK for their collaboration and partnership in making this area such an attractive place to do business and feel welcomed.”
Camel Energy will hire engineering and technical talent as it begins operations in the Ann Arbor region.
“Attracting foreign investment to the Ann Arbor region is a way to ensure our long-term economic prosperity,” said Paul Krutko, president and CEO, Ann Arbor SPARK. “Ann Arbor has long been known as a place where energy companies can innovate, from fuel cells to batteries to alternative energy, and Camel Energy will build on that legacy. Camel Energy choosing the Ann Arbor region is a signal to other energy companies that there’s a depth of skilled talent here.”
Camel Energy chose the Ann Arbor region over competing sites in Texas and California.
"Pittsfield Township is excited to welcome Camel Energy to our diverse, vibrant business community,” said Mandy Grewal, Supervisor, Pittsfield Charter Township. “We hope it is the beginning of a fruitful and long-term partnership."
About Ann Arbor SPARK
Ann Arbor SPARK, a non-profit organization, is advancing the region by encouraging and supporting business acceleration, attraction and retention. The organization identifies and meets the needs of business at every stage, from start-ups to large organizations. Ann Arbor SPARK collaborates with business, academic, government, and community investor partners including the University of Michigan, Eastern Michigan University, Washtenaw Community College, Washtenaw County, Livingston County, the Ann Arbor/Ypsilanti SmartZone (LDFA), Washtenaw County /Michigan Works!, the City of Ann Arbor, Bank of Ann Arbor and the Michigan Economic Development Corporation. For more information, please call (734) 761-9317 or visit www.AnnArborUSA.org.