December 9, 2022

Panasonic Power of North America (PENA), a division of New Jersey-based Panasonic Company of North America, will increase in Northern Nevada with a brand new campus in Reno anticipated to open spring 2022.

The 94,483-square-foot current constructing is managed by Industrial Realty Group, LLC (IRG) in Reno and is being renovated to grow to be PENA’s division headquarters. It’s going to characteristic state-of the-art engineering labs, worker recruitment and coaching amenities, and different help capabilities.

(Photograph: Panasonic Power of North America)

“Our new facility in Reno underscores our dedication to evolving and rising to remain on the forefront of the mobility market,” stated Allan Swan, president, PENA. “Investing in innovation and workforce initiatives in the area people helps our mission of making a future powered by sustainable power.”

The announcement comes seven years after Osaka, Japan-based Panasonic Company introduced PENA would produce lithium-ion batteries at Tesla’s Gigafactory 1 in Sparks, NV. Whereas operations at Gigafactory 1 will proceed, PENA intends to benefit from the Reno location to increase native engineering capability and expertise acquisition and upskilling, additional propelling its place within the electrical automobile market.

“Panasonic has been an exceptional member of the neighborhood and I’m thrilled they proceed to drive development within the space,” stated Reno Metropolis Council member Oscar Delgado. “I share Panasonic’s dedication to contributing to society and stay up for partnering with Panasonic within the years to come back to make a constructive affect in Reno.”

“IRG is happy to welcome PENA to the property. We had a wonderful expertise working alongside the PENA crew and their brokers, Brian Armon and Tony Machabee,” stated Stuart Lichter, President of IRG. “We’re thrilled to reactivate the property and produce jobs and exercise again to the location.”

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