Formed in 2007, Fisher CoachWorks announced this year that it would be manufacturing ultra-light, hybrid buses using advanced materials and propulsion systems, as well as new manufacturing technologies.
The company's first launch product will be a 40' Transit Bus that is half the weight and gets twice the fuel economy of standard hybrid buses. By using Nitronic 30 stainless steel Fisher not only cuts down on weight but also offers a product that doesn't corrode.
With 5000 hybrid buses manufactured each year, Fisher anticipates incredibly growth. It's set it's sights on 10 per cent of hybrid bus market.
"The hybrid segment is exploding," says Greg Fisher, founder and CEO of Fisher CoachWorks.
Fisher is the grandson of Alfred J. Fisher, one of the original Fisher brothers who formed the Fisher Body Company in 1908. The company anticipated the change from carriages to cars and started manufacturing chassis designs from metal instead of wood.
So, what does that mean in terms of jobs? The expectation is nearly 1,000 positions, most of them in Detroit.
Currently based in Troy, Fisher Coachworks is looking for 50,000 square feet of manufacturing space in the Detroit area to begin pre-production development.