LG Energy seeks to tap Michigan’s $1B incentive fund for Holland expansion

Growth, News

A South Korean electric vehicle battery manufacturer wants to expand its existing facility in west Michigan, investing $2.5 billion and adding 1,000 jobs as it seeks to boost production by 2025.

LG Energy Solution wants the city of Holland to approve a 20-year, tax-free renaissance zone for the project, marking one of the earliest public requests for incentives since the state approved the $1 billion SOAR fund in December.

Read the full article on The Bridge Michigan.

Want to Learn More About LG Energy Solution Michigan?


Check out our company page!