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Eurospeed
RACEVISION.COM
Jan. 30, 2007
 

Eurospeed USA plans factory in Ansonia


ANSONIA — A Chinese motorcycle manufacturer is planning to set up headquarters in Ansonia Connecticut. More than 1,000 jobs will be created by the time it opens the new factory.
The Euro Group of companies announced Monday that Ansonia is the corporate base of its Eurospeed USA operations. The automotive and technology manufacturer also expects to open an Ansonia manufacturing plant later this year, as well as at least one other elsewhere in the area. Eurospeed USA will distribute motorcycles in North America and Israel.

The firm's arrival is big news, said Ansonia Mayor Jim Della Volpe. The mayor said Eurospeed's arrival is the next step in the downtown revitalization, which has already seen a new Bob's Stores and a new Big Y supermarket open recently. Target will open here in late July. "Our aim is to try to get job opportunities here," Della Volpe said. "It's the first part in a long-range plan."

Della Volpe and other officials — including Rep. Rosa DeLauro, D-3, and state Rep. Linda Gentile, D-Ansonia, had been talking with Eurogroup officials for several months to urge them to choose Ansonia. "It's not only good for Ansonia, but it's good for the entire Valley and state," Gentile said. "It will create so many jobs and opportunities." Michael Healey, a local car dealer and president of Eurospeed USA, said the company is investigating several sites for manufacturing Eurospeed motorcycles and motor scooters. One site the company is looking at is Ansonia Copper and Brass.

In the meantime, Eurospeed will start its manufacturing operations in another area factory. An announcement on the location of its first plant will be made in 30 to 60 days, Healey said. Eurospeed will also have a showroom and management office near the Healey Ford dealership off Main Street, which will be its U.S. base.

Eurospeed plans to have more than 1,300 dealers nationwide in the next two years. The company is aiming to also import cars and trucks by 2009. Eurospeed bikes and scooters will cost between $1,500 and $4,000.

Connecticut eliminated the property tax on manufacturing machinery and equipment creating an added bonus to locate a factory in the State.

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