Battery Company To Open Plant In Aiken
Celgard, a developer of materials for use in lithium-ion batteries, is one of the big winners among firms selected to receive $2.4 billion in grants from the U.S. Department of Energy. Celgard, which operates a manufacturing facility in Charlotte, will receive $49 million to be used for expansion of its batter separator product. The company also will open a plant in Aiken, S.C.
RESEARCH TRIANGLE PARK, N.C. – In a press release e-mailed to WJBF News Channel 6, Celgard, a developer of materials for use in lithium-ion batteries, is one of the big winners among firms selected to receive $2.4 billion in grants from the U.S. Department of Energy.
Celgard, which operates a manufacturing facility in Charlotte, will receive $49 million to be used for expansion of its batter separator product.
The company also will open a plant in Aiken, S.C.
Celgard is expected to create hundreds of jobs at the facilities, according to Energy Secretary Steven Chu, who announced the grant Wednesday in Charlotte. Celgard is a subsidiary of Polypore International (NYSE: PPO). Celgard applied for the grant in May.
Last December, Celgard received a $2.3 million contract from the U.S. Advanced Battery Consortium to develop separator technology.
Three other firms with a presence in the Carolinas and Georgia also received grants, which President Obama and other administration officials disclosed in a series of press conferences from Florida to Michigan.
Progress Energy, which is based in Raleigh, will participate in a project related to electric vehicles in Florida.
Other grants in the region:
Georgia Tech and the state of South Carolina will also share in two grants for advanced electric drive vehicle education programs.
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