Current:Home > InvestBattery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana -Streamline Finance
Battery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana
View
Date:2025-04-12 11:54:28
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! (79)
Related
- Messi injury update: Ankle 'better every day' but Inter Miami star yet to play Leagues Cup
- If Trump wins, more voters foresee better finances, staying out of war — CBS News poll
- Bravo Bets It All on Erika Jayne Spinoff: All the Details
- Willie Nelson, Sheryl Crow and Missy Elliott inducted into Rock & Roll Hall of Fame
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Aid trickles in to Nepal villages struck by earthquake as survivors salvage belongings from rubble
- Moldova’s pro-Western government hails elections despite mayoral losses in capital and key cities
- AP survey finds 55 of 69 schools in major college football now sell alcohol at stadiums on game day
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- August trial date set for officers charged in Tyre Nichols killing
Ranking
- Taylor Swift Cancels Austria Concerts After Confirmation of Planned Terrorist Attack
- Ethiopia says disputed western Tigray will be settled in a referendum and displaced people returned
- Florida's uneasy future with Billy Napier puts them at the top of the Week 10 Misery Index
- Oklahoma State surges into Top 25, while Georgia stays at No. 1 in US LBM Coaches Poll
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Australian prime minister calls for cooperation ahead of meeting with China’s Xi
- How Midwest Landowners Helped to Derail One of the Biggest CO2 Pipelines Ever Proposed
- Kevin Harvick says goodbye to full-time NASCAR racing after another solid drive at Phoenix
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Investigators headed to U.S. research base on Antarctica after claims of sexual violence, harassment
Stock market today: Asian markets advance after Wall Street logs its best week in nearly a year
Judge likely to be next South Carolina chief justice promises he has no political leanings
3 years after the NFL added a 17th game, the push for an 18th gets stronger
Killing of Palestinian farmer adds to growing concerns over settler violence in West Bank
Baltimore Catholic church to close after longtime pastor suspended over sexual harassment settlement
Myanmar resistance claims first capture of a district capital from the military government