EV Battery Supplier Expands North Carolina Factory
North Carolina officials announced on July 26 that Celgard LLC plans to expand production capacity with a new lithium-ion battery separator facility to supply lithium battery manufacturers focused on the Electric Vehicle (EV) industry. The company will hire an additional 250 employees, adding to its 600-person North Carolina workforce. U.S. Energy Secretary Steven Chu attended the dedication ceremony for the facility. The project was made possible in part by state grants from the Job Development Investment and One North Carolina grant programs, according to Governor Bev Perdue. To meet the targets established in these performance-based grants, the company plans to invest a total of $105 million in Cabarrus County over the next two years. See the governor's press release.