GREENLAND TECHNOLOGIES SELECTS BALTIMORE COUNTY FOR MANUFACTURING EXPANSION

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[{"type":"text","content":"BALTIMORE, May 16, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) (\"Greenland\" or the \"Company\"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, announced it has officially selected Baltimore County, Maryland for the next phase of the Company's major U.S. expansion. The company conducted a comprehensive national selection process before selecting Maryland earlier this year. Baltimore County was then selected after a review of multiple criteria including location, workforce, incentives, logistics, and more.\nWith the formal selection of Baltimore County, Greenland plans to now move forward with an approximately 54,000 square-foot manufacturing facility located at 5301 Nottingham Drive, White Marsh, MD, where it plans to steadily create new full-time jobs. The facility which is expected to formally open in July 2022, is central to the Company's strategy of supporting the increased customer demand for its expanding line of electrical industrial vehicles.\n\"We welcome Greenland Technologies' new U.S. manufacturing operations to Maryland, and are thrilled to see the company's vision come to life at its location in Baltimore County,\" said Governor Larry Hogan. \"Greenland's innovative technologies will allow the company to easily make its mark in the Mid Atlantic and continue growing its presence throughout the nation.\"\nGreenland Technologies is a technology developer and manufacturer of electric industrial vehicles and drivetrain systems. Established in 2006, the company has become one of the world's largest transmission and drivetrain systems providers for material handling equipment such as forklift trucks that are used in industrial and logistic settings. Greenland Technologies investments in R&D and its successful track record of innovation have established it as a cutting edge, clean energy technology developer, with a proven commitment to embracing the electrification process and incorporating it into the electric industrial vehicle market.\nRaymond Wang, CEO of Greenland, commented, \"We are excited and confident in our decision to build out in Maryland given our extensive selection process. As we have moved forward, our selection has been validated each step of the way. The Governor's team an...

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