Envirotech Vehicles recently announced a partnership with Arkansas-based Olympus Construction to renovate the state-of-the-art manufacturing facility at 1425 Ohlendorf Road in Osceola, Ark. The manufacturing facility is approximately 580,00- SF and the total cost of renovations is estimated to be more than $80 million.
“We could not be more thrilled to partner with the experts at Olympus Construction to renovate our first U.S.-based manufacturing facility. Throughout 2022, we are making tremendous progress in pushing the transportation industry forward towards innovation,” said Envirotech CEO Phillip Oldridge. “As we make this progress, we are fully committed to supporting local vendors, nonprofits and community organizations. Since announcing our relocation to Arkansas in February of 2022, the Company has spent in excess of $100,000 a quarter supporting local businesses and community organizations. We at Envirotech are continuing to stand behind our promise to the community: Work Here, Live Here, Invest Here. This partnership is just the beginning as we continue to bring greener technologies and opportunities to Arkansas.”
Established in 1981 as a full-service, family-owned construction company, Olympus Construction has experience covering a range of projects, serving Arkansas, Missouri, Mississippi and Tennessee. Envirotech Vehicles announced in Feb. that the purchase of the facility from Osceola is to handle the final outfitting and shipment of its imported vehicle. Envirotech plans to move forward with converting the plant into a full-manufacturing operation.
“Throughout the years, our dedication to investing in cutting-edge digital technologies and our community has played a vital role in us establishing a successful record as contractors across the state,” Tony Pardew, president and owner of Olympus Construction, said. “Envirotech Vehicles continues to show this same deeply rooted commitment to both technology and community service. We are proud to partner with a company that is focused on bringing innovative technology and services to Arkansas, creating a better future for local communities across the state and positioning us as leaders in a growing industry”
Renovations will include an update to the facility and the investment will include costs in purchasing machinery and equipment required to increase production capacity and efficiency.