Fort Worth, Texas – (July 25, 2023) – Junchuang North America, Inc. (JCNA), a leading provider of advanced technical solutions for the electric vehicle (EV) market, is expanding its operations to Fort Worth, Texas. The company has secured a 55,000-square-foot manufacturing/industrial facility at 46 Ranch Logistics Park in south Fort Worth, where it plans to invest approximately $21 million. The expansion is expected to generate over 120 jobs by 2025, contributing to the region’s economic growth.
The model plant in Fort Worth will serve as JCNA’s North American R&D hub, where it will work on cutting-edge technical solutions to support the EV market. With a focus on higher tonnage injection molding, complex insert molding, and LSR assembly for EV power electronics, drive units, and battery systems, Junchuang’s products demonstrate a commitment to innovation and sustainability. By utilizing plastic in place of steel, the company provides adaptable plastic parts that align with the lightweight automobile trend helping achieve “carbon peaking” and “carbon neutrality” goals. JC Group currently serves a number of brands in the EV market, including Jaguar, Land Rover, Ford and Mazda, also is also a supplier for the top EV makers in US, Europe and China.
“Fort Worth offers a strategic location with a robust business environment and a skilled workforce,” said Vinson Yang, President and CEO of Junchuang North America, Inc.,“The city’s commitment to supporting technological advancements and sustainable solutions aligns perfectly with our vision. We are excited to establish our presence here and contribute to the growth of the local economy.”
The success of this expansion project was made possible through the support and collaboration of the City of Fort Worth’s Economic Development team and the Fort Worth Economic Development Partnership (FWEDP). FWEDP played a crucial role in facilitating and managing various aspects of the development process for JCNA.
“We are thrilled that Junchuang North American, Inc. is expanding to Fort Worth,” said Robert Allen, CEO of the Fort Worth Economic Development Partnership. “Our collaborative efforts with the City of Fort Worth’s Economic Development team and Stream Realty have helped pave the way for this significant investment, which will enhance our region’s manufacturing capabilities and create high-quality jobs.”
“The North Texas region is becoming an important hub for new forms of sustainable energy, and that includes electric vehicles and the technology that powers them,” said Robert Sturns, the City of Fort Worth’s Economic Development Director. “With MP Materials coming online soon here in Fort Worth and the nearby GM assembly plant in Arlington, our city is well-positioned to be a key player in this evolving industry, and we join the FWEDP in welcoming JCNA to the area.”
With its expansion into Fort Worth, Junchuang North America, Inc. aims to strengthen its presence in the domestic EV market, contribute to sustainable practices, and make a positive economic impact in the region.
ABOUT THE CITY OF FORT WORTH’S ECONOMIC DEVELOPMENT DEPARTMENT
The City of Fort Worth Economic Development Department’s broad array of targeted initiatives, public policies, and strategic investments help shape the future of Fort Worth and its economy, in collaboration with community partners. The department’s primary areas of focus include business attraction, revitalization, oversight of real estate financing tools, and support for entrepreneurship, innovation and small business.
ABOUT THE FORT WORTH ECONOMIC DEVELOPMENT PARTNERSHIP
The Fort Worth Economic Development Partnership is a privately funded non-profit whose mission is to develop economic opportunities through business development and attraction for Fort Worth and the surrounding areas. The FWEDP brings together business and civic-minded leaders committed to accelerating responsible growth for our city.
