Oregon Battery Parts Maker Plans Massive $1.5B Indiana Campus

Entek, a company in Oregon that makes parts for batteries, plans to invest $1.5 billion in a new manufacturing campus in Indiana and create 642 jobs by the end of 2027, Officials announced on Tuesday, 21 March 2023.

The company said that the investment would help Indiana’s growing electric vehicle industry. Entek is a company based in Lebanon that makes separators for lithium-ion batteries.

Oregon Battery Parts Maker Plans Massive $1.5B Indiana Campus

According to the news press release, Four buildings totaling 1.4 million square feet are planned for the project in the Vigo County Industrial Park in Terre Haute, Indiana.

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Entek’s CEO, Larry Keith, said the city was chosen because it had land and a good community.

β€œWe chose Terre Haute for many reasons including the excellent workforce opportunity, a nearly shovel ready construction site with available utilities located in an industrial park, excellent vocational education, and the business-friendly incentives from both the state and local governments,” Keith said in a news release.

β€œThis decision cements Indiana’s leadership in the electric vehicle supply chain sector,” Gov. Eric Holcomb said.

IEDC also shared a tweet regarding this news, which is given below-

The Indiana Economic Development Corp. will give up to $8 million in tax credits and up to $300,000 in training grants if the board of directors agrees. The IEDC has also promised up to $5.4 million in other grants and payments based on how well its projects do.

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Louis Ebert

Louis Ebert is a talented content writer with a passion for creating compelling stories and informative articles. With years of experience in writing, Louis has honed their skills in crafting engaging content that resonates with readers. As a content writer for Focushillsboro.com, Louis explores the many facets of life in Hillsboro and the surrounding areas. From delving into the latest trends in local business to highlighting community events and leaders, their writing offers a unique perspective that captures the essence of the area.

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