Current:Home > ContactBattery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana -Prime Capital Blueprint
Battery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana
EchoSense Quantitative Think Tank Center View
Date:2025-04-11 07:57:19
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! (9375)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Expert will testify on cellphone data behind Idaho killing suspect Bryan Kohberger’s alibi
- Utah and Florida clinch final two spots at NCAA championship, denying Oklahoma’s bid for three-peat
- 'The Black Dog' in Taylor Swift song is a real bar in London
- Highlights from Trump’s interview with Time magazine
- BNSF Railway says it didn’t know about asbestos that’s killed hundreds in Montana town
- Tennessee teacher arrested after bringing guns to preschool, threatening co-worker, police say
- FedEx pledges $25 million over 5 years in NIL program for University of Memphis athletes
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Stocks waver and oil prices rise after Israeli missile strike on Iran
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Venue changes, buzzy promotions: How teams are preparing for Caitlin Clark's WNBA debut
- A convicted rapist is charged with murder in the killing of a Connecticut visiting nurse
- She used Grammarly to proofread her paper. Now she's accused of 'unintentionally cheating.'
- A South Texas lawmaker’s 15
- 25 years ago, the trauma of Columbine was 'seared into us.' It’s still 'an open wound'
- Top Cuban official says country open to more U.S. deportations, blames embargo for migrant exodus
- A man gets 19 years for a downtown St. Louis crash that cost a teen volleyball player her legs
Recommendation
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Firefighters douse a blaze at a historic Oregon hotel famously featured in ‘The Shining’
New California law would require folic acid to be added to corn flour products. Here's why.
Ex-Philadelphia police officer pleads guilty in shooting death of 12-year-old boy
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Venue changes, buzzy promotions: How teams are preparing for Caitlin Clark's WNBA debut
Mandisa, Grammy-winning singer and ‘American Idol’ alum, dies at 47
Taylor Swift's Tortured Poets Department: Joe Alwyn, Matty Healy & More Lyrics Decoded