Panasonic’s EV-battery plant will energize De Soto’s attraction of more companies
Build a $4 billion Panasonic electric-vehicle battery factory, and other companies will look to come to come to town, too. De Soto officials said the city recently saw its first visit from a Japanese company that could support Panasonic’s facility as a direct supplier — one of five that may be allotted different incentives through state legislation passed last year. State officials anticipate the 4,000-job Panasonic plant will create another 4,000 jobs for suppliers and local businesses. Beyond the plant, other unrelated companies will look to capitalize on Panasonic-induced changes around De Soto, such as $165 million in new infrastructure planned [...]