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Business
EnerDel To Build Indiana Battery Plant
by Melody Voith
February 1, 2010
| A version of this story appeared in
Volume 88, Issue 5
Lithium-ion battery maker EnerDel says it will invest $237 million in a new plant near its Indianapolis headquarters. The firm will manufacture batteries for all-electric and hybrid cars and will also make large batteries for stationary smart-grid applications. EnerDel plans to pay for the plant in large part with public dollars. The company has received $70 million in state and local awards and $118.5 million in a grant from the American Recovery & Reinvestment Act of 2009. The plant will employ 1,400 people and have the capacity to produce batteries for 600,000 hybrid electric or 60,000 all-electric vehicles.
The power is now in your (nitrile gloved) hands
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