LG Energy Solution Michigan Announces 100% Company Paid  Medical, Dental and Vision Benefits

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HOLLAND, MI, October 11, 2022 – LG Energy Solution Michigan, Inc. is pleased to announce it will offer 100% company paid health insurance for full-time employees and their eligible dependents, effective January 1, 2023. This means that no funds will be deducted from an employees’ paycheck for medical, dental, and vision benefits.  

“LG Energy Solution is not only paving the path for a more sustainable future through the production of lithium ion batteries for electric vehicles, this move demonstrates our commitment to investing in the futures of our  employees and their families,” said LG Energy Solution Michigan President Charles (Oh Young) Hyun. “This is  also great for the Michigan economy as LG continues to recruit top talent to support the growing electric  vehicle industry and our facility’s expansion in Holland.” 

Less than 5% of U.S. employers offer medical coverage with no contributions from employees. These best-in class benefits create a total compensation package that places LG Energy Solution Michigan as one of the  highest paying employers in the region. It also results in annual savings for current and future employees. 

The annual contribution savings for full-time employees will range from $156 to $2,466, depending upon medical plan elections. The company already offers dental and vision benefits to all full-time employees and  their eligible dependents with no employee contributions. 100% company paid health insurance is a new  offering for employees in Holland. Employees in Hazel Park and Troy already enjoy this service. Open  enrollment is October 17 – November 7. 

LG Energy Solution Michigan offers challenging, rewarding work in a growing company and provides  employees the opportunity to be part of a bigger purpose. The facility in Holland holds open interviews every  Tuesday from 8 a.m. – 5 p.m. Offers may be made on the spot for all shifts and a variety of positions. To learn  more about the positions available, go to https://www.lgenergymi.com.  

About LG Energy Solution  

LG Energy Solution Michigan locations include the cities of Holland, Hazel Park and Troy, with the largest  facility of 1,500 employees in Holland. To learn more, visit https://www.lgenergymi.com. 

LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion  batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in  revolutionary battery technology and extensive research and development (R&D), the company is the top  battery-related patent holder in the world with over 25,000 patents. Its robust global network, which spans  North America, Europe, Asia, and Australia, includes battery manufacturing facilities established through joint  ventures with major automakers such as General Motors, Stellantis N.V., Hyundai Motor Group, and Honda  Motor Co., Ltd. At the forefront of green business and sustainability, LG Energy Solution aims to achieve  carbon neutral operations by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution’s ideas and innovations, visit https://www.lgensol.com. 

Contact: 

Val Gent / Communications Manager / LG Energy Solution Michigan, Inc.  vgent@entergy.com, 269-491-1007

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