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November 14, 2009 – Vol.14 No.34 Saft to Build Lithium-Ion Battery Factory in Jacksonville, Florida. Following receipt of a $95 million grant from the U.S. Department of Energy under the American Recovery and Reinvestment Act and successful negotiations between Saft, the state of Florida, and the city of Jacksonville, construction will soon begin in Jacksonville for the lithium-ion (Li-ion) factory of the future. The total estimated cost of the project is around $200 million, and it will bring roughly 279 jobs to the area during the next six years. "Florida is stepping onto the world stage as a major marketplace for advanced energy technologies," said Governor Charlie Crist. "We are excited about Saft establishing their lithium-ion factory in Florida, and we look forward to their being a part of Florida's renewable energy future."
To be located at Cecil Commerce Center, Saft's new facility will be a high-volume manufacturing plant building advanced Li-ion cells and batteries for military hybrid vehicles, aviation, smart grid support, broadband back-up power and energy storage for renewable energy. Construction is scheduled to commence within the next few months and be completed before the end of 2010. The presence of this state-of-the-art manufacturing facility ensures that competitive battery solutions will be imminently available to the U.S. and world markets from the Jacksonville facility. (11/13/09)
Links: Saft
Related: --- Johnson Controls Awarded $299 Million for Advanced Automotive Battery Manufacturing.
Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: No
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