tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Canoo expands presence in Oklahoma, Texas

Canoo announced the company will migrate its engineering workforce to its two Oklahoma locations – Oklahoma City and Pryor and relocate its corporate headquarters to northern Texas. Approximately 137 engineering positions will relocate from California to Texas and Oklahoma beginning in the fourth quarter of 2024, with the majority of roles based in Oklahoma. One of the primary drivers for the move to Oklahoma is the co-location of engineering and manufacturing within the company’s nearly 500,000 square foot manufacturing facility in Oklahoma City. This strategic decision will drive operational efficiencies and foster greater collaboration as Canoo continues to meet goals towards step level ramp manufacturing. Canoo is actively hiring for numerous positions across both Texas and in Oklahoma City, with a significant number already listed online. The company plans expand and ramp to approximately 150 open positions in the near future. Effective immediately, Canoo will name Justin, Texas their company headquarters where Canoo’s executive leadership team has been since 2021.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1