Daimler Truck North America said Friday it will spend $40 million to build a new electric vehicle engineering facility at its Swan Island headquarters, choosing Portland over two other sites it had considered. The company said it will also build a new $3 million Portland training facility.

Daimler didn’t say how many people it will employ at the site but last summer, when it described the project to the Portland City Council, the company indicated the project would add 150 “high-wage” jobs.

At that time, Daimler was choosing between Portland and two unspecified sites for the project. The company sought a waiver that would allow it to receive tax breaks without meeting usual hiring requirements, which the City Council granted, plus assurances that Portland would address homeless camps and perceived threats to employee safety near the company’s Swan Island offices.

Daimler Truck already employs about 3,000 in the Portland area. The German company traces its Oregon roots to Consolidated Freightways, which began making trucks in Portland in the 1940s. Daimler bought that company’s Freightliner trucking business in 1981 and has been making heavy-duty trucks there since then.

Daimler said its 110,000-square-foot engineering facility will bring together multiple research projects in one place, including battery electric and hydrogen-fueled vehicles. It said it received a $700,000 state grant for the project, which it must repay if the project doesn’t hit certain economic targets.

Portland also gave Daimler a $1.5 million grant for the training facility, subject to the company completing 10,000 hours of training at the site, attracting two industry events to Portland and hosting a dozen school or nonprofit tours or classes.

Last summer, Daimler indicated it might also pursue enterprise zone property tax breaks for the engineering center. Portland officials said Friday the company hasn’t actually applied for those incentives.

Daimler didn’t say why it chose Portland over other sites it had been considering. But John O’Leary, CEO of Daimler Truck North America, issued a statement thanking the city and state for their support.

Portland leaders hailed the news, too.

“DTNA is an anchor

employer in our city, and today’s announcement is a proud moment for all involved,” Portland Commissioner Carmen Rubio said in a statement.