Ymer

BUFFALO GROVE – State Senator Adriane Johnson congratulates Ymer Technology on their grand opening of its new U.S. headquarters in Buffalo Grove.  This exciting development is set to create new job opportunities and provide a significant boost to the local economy, while Ymer Technology continues to lead in producing cutting-edge electric vehicle components for the heavy equipment industry.

With its commitment to investing $5.7 million and creating more than 30 jobs, Ymer Technology will receive Reimagining Energy and Vehicles incentives from The Illinois Department of Commerce and Economic Opportunity. REV provides competitive incentives for EV, solar, renewable and energy storage manufacturers to move or expand in Illinois. A link to the executed REV agreement can be found here.

“This significant funding not only advances the innovative cooling and thermal management systems for electric vehicles but also strengthens Illinois' commitment to a clean energy future,” said Johnson (D-Buffalo Grove). “Their dedication is paving the way for a more sustainable and technologically advanced tomorrow."

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 state’s REV incentive program. This is the first in a series of planned expansions for the company.

The state and its partners took Ymer Technology leadership and staff on a tour of sites throughout Illinois, and within two weeks the company selected this strategic location in Buffalo Grove. Shortly after opening its doors in Illinois, Ymer Technology CEO Bjorn Afzelius announced that the company has already inked its first deal.

“Ymer Technology’s investment showcases Lake County’s rich tradition of manufacturing—a $20 billion industry and the largest contributor to our gross regional product,” said Lake County Board Chair Sandy Hart. “We join the state in prioritizing new jobs and sustainability. Ymer is a global leader in this sector, and we are especially excited to welcome them to our community because their products directly support our goals to reduce carbon emissions, increase renewable energy and address climate change.”

As Vice Chair of the Illinois Senate Environment and Conservation committee, Senator Johnson remains committed to fostering a supportive environment for businesses further creating sustainable employment opportunities and ensuring long-term economic stability.