Geely Holdings' Acquisition Leads To Expansion Across All Departments
Terrafugia created 75 new US-based jobs within the past 12 months and is on track to add at least another 50 more by the end of the year, according to the company. Zhejiang Geely Holdings Group (Geely Holding), a privately owned Fortune 500 company with assets that span the automotive chain, acquired Terrafugia in Fall 2017 affording Terrafugia the bankability and resources to expand its operations and industrial footprint.
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