The global leader in automotive power conversion products—battery chargers, jump starters, and portable devices—is moving from Chicago to near DFW Airport. The team hopes its Foreign Trade Zone status will uniquely position it to meet the auto aftermarket industry’s rapidly evolving needs. Schumacher recently launched initiatives in the EV market with more introductions coming in 2021, reports Private Equity Wire.
Schumacher Electric Corporation, a global leader in automotive aftermarket power conversion products including battery chargers, jump starters, and portable power devices, is moving its headquarters to Fort Worth.
Established in 1947, Schumacher is moving from the Chicago area—excited to leave the snow behind, take on Texas, and hire from the large pool of professionals in DFW. Looking to expand in both company and client size, the new headquarters has been located near DFW Airport with foreign-trade zone status, which Schumacher hopes will uniquely position the company to meet the automotive aftermarket industry’s rapidly evolving needs. The move is expected to be completed by end of this summer.
Spearheading the Texan transition is Schumacher’s new CEO Mickey Leech, who previously spent 18 years at outdoor power equipment company MTD Products. Leech believes that solidifying Schumacher’s authority in the emerging EV charging arena while delivering innovation to traditional aftermarket power categories is critical to growing the company’s vision.