Remy International rolled out a new electric motor Tuesday that it says will be a big money maker and create scores of jobs.

Fresh from being selected for a $60.2 million grant from the White House’s green-car campaign, Remy unveiled the HVH250 electric motor for hybrid cars and trucks.

No site has been identified for the new HVH250 plant to be retooled with the federal grant, although Remy head John Weber said the company could return to its Anderson roots.

“We absolutely believe we’ll expand our manufacturing footprint in Indiana,‘’ Weber said. "There’s tons of brick and mortar (vacant) in Anderson. We’ll see additional production."

Remy, based in Pendleton, landed the grant last month in tandem with Phoenix International, a part of tractor and construction equipment maker John Deere of Moline, Ill.

Remy engineered the new motor as a standard unit that can be readily scaled up or down in size, depending on the vehicle. Annual sales of 100,000 motors are expected in the next few years as hybrid vehicle designers cast off the custom motors widely used now and turn to Remy’s standard motor for its lower price, Weber said.

“There’s been an awful lot of invention going on” in the hybrid vehicle market, Weber said. "When you pile invention on top of invention, the risk goes very high very fast. By standardizing our intellectual property and our capital equipment and using standardized engineering, we can offer significant economies of scale to our customers.’’

The motor evolved out of patented designs being worked on in the Remy engineering center in Anderson over much of the 2000s. HVH stands for “high voltage hairpin” — a reference to the sharp, hairpin turns made by the coiled wire.

Remy officials expect part of the federal grant will be used to expand the engineering center into an HVH250 assembly line. It is not clear how many jobs will be created in Anderson or the Pendleton headquarters. Remy earlier predicted the federal grant would lead to 1,000 new jobs in the United States.

No customers for the motor have been disclosed, although they are expected to be Deere and at least some of Remy’s current automotive customers such as BMW, General Motors, Hyundai and Mercedes.

Remy and Phoenix received the grant as part of a $2.4 billion disbursement by the White House to improve fuel economy, reduce emissions and cut oil imports.

Phoenix, based in Fargo, N.D., produces electronic controls.

Remy displayed the new motor Tuesday at the Society of Auto Engineers’ commercial vehicle trade show in Rosemont, Ill.

The motor could eventually account for $500 million in annual sales, or a third of the sales volume, Weber said. Last year, Remy earned $96 million on about $1 billion in worldwide revenue.

The company employs 5,900 worldwide, including 400 in Indiana at Pendleton, Anderson and Peru.

Known during most of the 20th century as Delco-Remy, Remy was the electrical auto parts division of GM. Two decades ago, the division accounted for about 20,000 of the 46,000 GM employees in Indiana.