Ymer Technology, a manufacturer of electric vehicle (EV) components for the heavy equipment industry, celebrated the grand opening of its new U.S. headquarters in Buffalo Grove, Illinois. This is the first in a series of planned expansions for the company. Ymer Technology’s $5.7 million investment, bolstered by a Reimagining Energy and Vehicles in Illinois (REV Illinois) agreement, will enable it to produce cooling technology and thermal management systems for EVs while supporting Illinois’ booming clean energy economy. REV provides competitive incentives for EV, solar, renewable and energy storage manufacturers to move or expand in Illinois. Founded in 2005 in Stockholm, Sweden, Ymer Technology chose to relocate from Houston to Lake County to take advantage of Chicagoland’s unmatched location, industry leaders, and the REV incentive program. Shortly after relocating, the company announced that it had already inked its first deal.
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