LG battery plant expansion clears first hurdle with Holland City Council

Growth, News

Holland City Council members Wednesday night endorsed a tax incentive for battery maker LG Energy Solution’s proposed expansion on the company’s 48th Street property.

The company is proposing increasing its lithium ion battery cell production capacity in Holland fivefold by investing $1.7 billion in a massive new plant, warehouse and other supporting buildings. LG Energy Solution makes batteries to power electric and hybrid vehicles.

Read the full article on The Holland Sentinel.

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