Greenville, S.C.-based Proterra has leased a 157,000-square-foot facility at 383 S. Cheryl Lane in City of Industry to build its zero-emission battery-electric buses, many of which will end up on the streets of the San Gabriel and Pomona valleys.
The company received a $3 million grant in April from the California Energy Commission to help build out the manufacturing plant, which will design, develop and construct the firm’s new extended-range bus, the Catalyst XR.
Proterra declined to confirm the lease, saying it will announce the new plant and its location when it opens this fall. The company has previously said it planned to open the facility in City of Industry.
Average industrial asking rents in the San Gabriel Valley market were 51 cents a square foot a month in the first quarter, which would value the Proterra lease at about $960,000 a year. It was not clear how long a lease the company signed.
Proterra has thus far manufactured all of its buses in Greenville, but recent customers such as Foothill Transit and the San Joaquin Regional Transit District in Stockton, combined with the need for local service, repair and maintenance for those customers and high shipping costs, have spurred the company to open the facility.
Proterra expects to sell an estimated 424 buses from the plant and create 70 jobs, the company has said.
Foothill Transit, the primary public transit provider for the San Gabriel and Pomona valleys, ordered 13 Proterra buses in April for delivery by 2016, according to Proterra. It’s the agency’s fourth order from Proterra in five years.
In a press release announcing the grant in April, the Energy Commission said it chose the company “because zero-emission transit is a key element of the state’s policies and programs for deploying advanced transportation technologies to help address climate change, improve our clean air and reach our petroleum-reduction goals.”
The Port of Los Angeles has reached across the water to sister cities in China and New Zealand to ally with port officials there in the spirit of joint economic development for their surrounding regions.
At the first Tripartite Summit, held earlier this month in Los Angeles, port officials from Los Angeles, Guangzhou and Auckland signed a memorandum of understanding to establish the Tripartite Ports Alliance. Ambassador Vilma Martinez, president of the Los Angeles Harbor Commission, signed the agreement along with Yuan Huahui, deputy director-general of the Guangzhou Port Authority, and Sanchia Jacobs, Auckland’s manager of global partnerships and strategy.
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