Worksport acquires production facility in New York

Worksport Ltd., through its subsidiary, Worksport New York Operations Corporation, has completed the purchase of a manufacturing facility in upstate New York.

Worksport is seeking to capitalise on the growing shift of consumer mindsets towards clean energy with its proprietary solar and green hydrogen-based technologies. It designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for sustainable, clean energy, and automotive industries.

The company plans to manufacture its line-up of advanced products in this new facility, including its brand-new solar cover, SOLIS, which utilises the Company’s TC3 truck bed cover as its base and is primarily constructed of aluminium components.

Located in West Seneca, a suburb of Buffalo, New York, the facility was purchased for US$8.125 million. The facility is 152,847 square feet and features a 17,229-square foot Automated Storage & Retrieval System, or AS/RS, that stands 90 feet tall. This advanced system will allow Worksport to store parts and products vertically, utilising cubic area of available space, streamlining component and product retrieval during production and order fulfilment, respectively.

This facility investment is a culmination of two years’ worth of planning, and Company management believes it will afford the business to take complete control of its production pipelines for all its current and future products.

Mr. Steven Rossi, Worksport CEO, said, “With all the manufacturing issues plaguing multiple industries today, from supply chain issues to the risk of IP being compromised, on-shoring production to a facility we own is the next logical step in Worksport’s growth strategy.”

Worksport will begin setting up machines that have been purchased over the last several months, including an Emmegi milling line, a fabric cutter from Gerber Technology, and a fully automated bending machine from Prima Power.

The company is paving a new path where it will be able to compete at the highest level for the first time in the company’s history. It plans to be operational within three months and is aiming to be running at full capacity by the end of 2022.

Company CEO Steven Rossi said, “We are ecstatic to be bringing the Company’s manufacturing to North America, and especially in New York, where our first ‘Made in USA’ SOLIS solar cover and Terravis Energy grid-connected fast chargers will roll off our production lines in short order.”