The multi-function facility will support the company’s overall EV strategy
Panasonic Energy of North America (PENA) is a Division of Panasonic Corporation of North America. Moreover, Panasonic announces plans to expand in Northern Nevada with a new campus in Reno. The campus will open in spring 2022.
Industrial Realty Group, LLC (IRG) is managing the 94,483 sq. ft. building at 645 East Plumb Lane in Reno. The group is renovating it to become PENA’s division headquarters. In addition, it will feature state-of-the-art engineering labs, employee recruitment and training facilities, and other support functions.
“Our new facility in Reno underscores our commitment to evolving and growing to stay at the forefront of the mobility market,” said Allan Swan, president, PENA. “Investing in innovation and workforce initiatives in the local community supports our mission of creating a future powered by sustainable energy.”
This comes seven years after Osaka’s announcement of PENA producing lithium-ion batteries at Tesla’s Gigafactory 1 in Sparks, Nevada. Operations at Gigafactory 1 will continue. However, PENA intends to take advantage of the Reno location to expand its local engineering capacity. In addition to talent acquisition and upskilling. It will further propel its position in the electric vehicle market.
“Panasonic has been a phenomenal member of the community and I’m thrilled they continue to drive growth in the area,” said Reno City Council member Oscar Delgado. “I share Panasonic’s commitment to contributing to society and look forward to partnering with Panasonic in the years to come to make a positive impact in Reno.”
Moreover, IRG is excited to welcome PENA to the property. The IRG president expresses an excellent experience working alongside the PENA team and their brokers.