Beam Global Relocates Manufacturing Operations to Yuma, AZ
Summary
Beam Global will move its California manufacturing and production operations to Yuma, Arizona while keeping its headquarters in San Diego. The company expects the relocation to lower rent, shipping, labor, and operating costs and improve gross margins. It also plans to use the new site to insource some currently outsourced processes and become more vertically integrated. Production will continue during the transition, and the move is expected to support future growth in energy storage, EV charging, and smart city solutions.
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