Schaeffler buys more land around future site of manufacturing facility
DOVER – The Schaeffler Group’s footprint in the city continues to grow.
Mayor Shane Gunnoe says the company recently purchased 29 more acres of land around the site on the north Dover border where it’s building a manufacturing facility for electric vehicle components.
The proposed construction has doubled in size – to 300,000 square feet – since the initial proposal a year ago, and the acreage has expanded beyond incentive agreements.
“I think that speaks well for the city and their plans for job growth and that they feel that they can be successful here,” Gunnoe said. “I think that’s a good thing for everybody.”
Those agreements call for the creation of 450 jobs over two phases. Gunnoe says the city is preparing the infrastructure around the site, with stormwater, street and utility projects in the works. He says the target for completion is mid-2026.
In separate economic development news, Council approved the widening of Ohio Avenue and the addition of a water line there for the new, 30-home Crimson Cove subdivision. The city’s planning commission OK’d two variances for a new 5,200 -square-foot Circle K store near I-77 and state Route 39 in front of the Comfort Inn.