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Inventus Power Establishes Manufacturing Operations and Research Hub in Qatar Free Zones to Accelerate International Expansion
WOODRIDGE, Ill., December 19, 2019 – Inventus Power (“Inventus” or the “Company”) announced today that it will establish a manufacturing presence in Qatar Free Zones and has entered into a partnership with Qatar Free Zones Authority (“QFZA”) to accelerate international expansion. Inventus is a global leader in the design and manufacture of Li-ion battery packs, chargers and power supplies for the commercial, industrial, consumer, medical and military markets across a broad range of portable, motive and stationary applications. The QFZA partnership will include a minority investment into Inventus to further facilitate growth and the entrance into new markets. Terms were not disclosed.
Founded in 1960, Inventus Power has nearly six decades of experience designing integrated and advanced power systems for global OEMs. Today, Inventus has locations across four continents and manufacturing facilities in the U.S., Mexico, Brazil, China and Malaysia. Inventus … Read More »