Current:Home > NewsBattery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana -FutureProof Finance
Battery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana
View
Date:2025-04-11 15:04:08
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! (729)
Related
- Retirement planning: 3 crucial moves everyone should make before 2025
- Golden Globes 2024: Will Ferrell Reveals If He’d Sign On For a Ken-Centric Barbie Sequel
- NFL playoff picture Week 18: Cowboys win NFC East, Bills take AFC East
- Bomb targeting police assigned for anti-polio campaign kills 6 officers, wounds 10 in NW Pakistan
- Former Syrian official arrested in California who oversaw prison charged with torture
- What Jennifer Lawrence Really Mouthed to the Camera During Her Golden Globes Category
- Swan song? Titans RB Derrick Henry thanks fans in what could be final game in Tennessee
- 2024 Golden Globes: Jo Koy Shares NSFW Thoughts On Robert De Niro, Barbie and More
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- In 'All Of Us Strangers,' coming home is bittersweet
Ranking
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Selena Gomez's 2024 Golden Globes Look Shows Her Rare Beauty
- Golden Globes 2024 Red Carpet Fashion: See Every Look as the Stars Arrive
- California law banning guns in most public places again halted by appeals court
- Rylee Arnold Shares a Long
- Lebanon airport screens display anti-Hezbollah message after being hacked
- Kylie Jenner Seemingly Says I Love You to Timothée Chalamet at Golden Globes 2024
- Cindy Morgan, 'Caddyshack' star, found dead at 69 after roommate noticed a 'strong odor'
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Oscar Pistorius and the Valentine’s killing of Reeva Steenkamp. What happened that night?
Runway at Tokyo’s Haneda airport reopens a week after fatal collision
South Dakota State repeats as FCS champs with 29th consecutive win
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Will TJ Watt play in wild-card game? JJ Watt says Steelers LB has Grade 2 MCL sprain
Keltie Knight Lost Her 4-Carat Diamond on the 2024 Golden Globes Red Carpet and Could Use a Little Help
African birds of prey show signs of population collapse, researchers say