Current:Home > MarketsNovaQuant-Battery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana -Wealth Legacy Solutions
NovaQuant-Battery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana
Rekubit View
Date:2025-04-10 23:36:10
TERRE HAUTE,NovaQuant Ind. (AP) — Oregon-based battery parts producer Entek broke ground Wednesday on a $1.5 billion manufacturing campus in western Indiana that officials said will create more than 640 jobs and give a boost to Indiana’s growing electric vehicle industry.
Gov. Eric Holcomb joined Entek executives and others at the Terre Haute groundbreaking for the planned 1.4-million-square foot (130,064-square meter) complex, with Holcomb calling it “a great day for Terre Haute and for the state of Indiana.”
Entek, based in Lebanon, Oregon, makes battery separators for lithium-ion battery manufacturers. The company, which announced the project in March, said its new Terre Haute manufacturing campus will produce enough battery separators per year to supply material for about 1.4 million vehicles annually.
“This decision cements Indiana’s leadership in the electric vehicle supply chain sector, and we are thrilled to partner with ENTEK to speed the commercialization of U.S.-built EVs,” Holcomb said in a statement.
Entek is the only US-owned and operated manufacturer of wet-process lithium-ion battery separators, according to a news release on the groundbreaking. The Biden administration has been working to strengthen U.S. energy independence and reduce dependence on China for critical components.
Entek CEO Larry Keith said the company appreciates “the support we’ve gotten from President Biden and his administration as we bring together private and public sector.”
“Beating China on advanced battery development and production starts right here in Terre Haute, today,” he said in a statement.
Entek said the project will create more than 640 “high-wage jobs” by late 2027 in Terre Haute, which is located about 70 miles (113 kilometers) west of Indianapolis.
veryGood! (13582)
Related
- Small twin
- Actor Nick Pasqual Arrested for Attempted Murder After Makeup Artist Allie Shehorn Attack
- Former NBA player Drew Gordon, brother of Nuggets star Aaron Gordon, dies in car accident
- US Labor Department sues Hyundai, suppliers in Alabama over alleged child employment
- New data highlights 'achievement gap' for students in the US
- What it was like in the courtroom as Trump's guilty verdict was read
- Taco Bell's Cheez-It Crunchwrap Supreme release date arrives. Here's when you can get it
- Judge to mull overturning Polly Klaas killer Richard Allen Davis' death sentence
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Can our electrical grids survive another extremely hot summer? | The Excerpt
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- US Energy Secretary calls for more nuclear power while celebrating $35 billion Georgia reactors
- Ambulance services for some in New Mexico will rise after state regulators approve rate increase
- Prosecutors unveil cache of Menendez texts in bribery trial: It is extremely important that we keep Nadine happy
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Angelina Jolie and Daughter Vivienne Make Red Carpet Appearance Alongside Kristen Bell
- Minnesota police officer cleared in fatal shooting of man who shot him first
- In search of new shows this summer? Here's the best TV to add to your list
Recommendation
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
The 30 Most-Shopped Celeb Recommendations This Month: Porsha Williams, Kyle Richards & More
Who is playing in the NBA Finals? Boston Celtics vs. Dallas Mavericks schedule
IRS Direct File is here to stay and will be available to more Americans next year
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Can Trump still vote after being convicted?
Maui Council budgets $300,000 to study impacts of eliminating 7,000 vacation rentals
NBA’s Mavs and NHL’s Stars chase a Dallas double with their deepest playoff run together