Current:Home > StocksBattery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana -ProfitMasters Hub
Battery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana
View
Date:2025-04-19 09:41:31
TERRE HAUTE, 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! (8844)
Related
- The Super Bowl could end in a 'three
- More women's basketball coaches are making at least $1M annually, but some say not enough
- Love Is Blind's Trevor Sova Sets the Record Straight on Off-Screen Girlfriend Claims
- 2024 NFL free agency updates: Tracker for Wednesday buzz, notable moves as new league year begins
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Lionel Messi follows up Luis Suárez's tally with goal of his own for Inter Miami
- Race for Chicago-area prosecutor seat features tough-on-crime judge, lawyer with Democratic backing
- Mel B alleges abusive marriage left her with nothing, was forced to move in with her mom
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- HIV prevention drugs known as PrEP are highly effective, but many at risk don't know about them
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- South Dakota prosecutors to seek death penalty for man charged with killing deputy during a pursuit
- Dorie Ann Ladner, civil rights activist who fought for justice in Mississippi and beyond, dies at 81
- Judge dismisses suit by Georgia slave descendants over technical errors. Lawyers vow to try again
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Last suspect sought in deadly bus shooting in Philadelphia, police say
- South Dakota legislator calls for inquiry into Gov. Noem’s Texas dental trip and promo video
- South Dakota legislator calls for inquiry into Gov. Noem’s Texas dental trip and promo video
Recommendation
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Chrissy Teigen Shows Off Her Boob Lift Scars in Sexy See-Through Dress
Federal courts move to restrict ‘judge shopping,’ which got attention after abortion medication case
Ex-rideshare driver accused in California antisemitic attack charged with federal hate crime
Stamford Road collision sends motorcyclist flying; driver arrested
Elijah Vue: What to know about the missing Wisconsin 3 year old last seen in February
Oklahoma teen Nex Benedict’s cause of death revealed in autopsy report
California Votes to Consider Health and Environment in Future Energy Planning