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White Bear Lake Minnesota based Zeus Electric Chassis is raising $12,500,000.00 in New Equity Investment.

White Bear Lake Minnesota based Zeus Electric Chassis is raising $12,500,000.00 in New Equity Investment.

August 15, 2022 Craig Etkin

White Bear Lake, MN – According to filings with the U.S. Securities and Exchange Commission, Zeus Electric Chassis is raising $12,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Robert Grinstead played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Zeus Electric Chassis
Zeus is a leading class 4-6 purpose-built, severe-duty, electric work truck solution in North America. Our mission is to engineer and manufacture uncompromising, full-electric vocational solutions that address environmental and industry needs. Our ground up approach and willingness to co-develop allows our customers to reimagine their future business model. Zeus is well networked within the eMobility ecosystem, partnering with market leading technology suppliers, work truck OEMs, end-user fleets, and non-profit industry leaders with the mission of accelerating EV adoption nationwide. Zeus Electric Chassis first customer is the Sacramento Municipal Utility District (SMUD). SMUD is the 6th largest community-owned, not-for-profit electric service provider in the US. Zeus will be delivering five purpose-built vocational work trucks in Q2 of 2022 and will be supporting a 6-month fleet adoption program. Zeus is partnered with the California Mobility Center and E Source to ensure program success. Zeus Electric Chassis Inc. is a Delaware corporation based in White Bear Lake, MN that develops severe-duty electric eMobility solutions.

To learn more about Zeus Electric Chassis, visit http://zeuselectricchassis.com/

Contact:
Robert Grinstead, Chief Executive Officer
844-938-7462
robert.grinstead@zeuselectricchassis.com
https://www.linkedin.com/in/robert-grinstead-66712810/

SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved


Venture Capital
5120, Minneapolis-St. Paul, Minnesota, Venture Capital, White Bear Lake, Zeus Electric Chassis

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

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