Current:Home > NewsBattery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana -Aspire Money Growth
Battery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana
View
Date:2025-04-18 11:23:46
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! (88)
Related
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Georgia man arrested in Albany State University shooting that killed 1 and injured 4
- New York's decision to seize, euthanize Peanut the Squirrel is a 'disgrace,' owner says
- Stevie Wonder urges Americans: 'Division and hatred have nothing to do with God’s purpose'
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Baron Browning trade grades: Who won deal between Cardinals, Broncos?
- Jury sees video of subway chokehold that led to veteran Daniel Penny’s manslaughter trial
- Manslaughter charges dropped in a man’s death at a psychiatric hospital
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- How to Build Your H&M Fall Capsule Wardrobe: Affordable Essentials to Upgrade Your Style
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- After surprising start, Broncos show they're still far from joining AFC's contender class
- Abortion rights at forefront of Women’s March rallies in runup to Election Day
- TikToker Bella Bradford, 24, Announces Her Own Death in Final Video After Battle With Rare Cancer
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Cardinals rushing attack shines as Marvin Harrison Jr continues to grow into No. 1 WR
- Fantasy football Week 9 drops: 5 players you need to consider cutting
- TikToker Bella Bradford, 24, Announces Her Own Death in Final Video After Battle With Rare Cancer
Recommendation
Grammy nominee Teddy Swims on love, growth and embracing change
Juju Watkins shined in her debut season. Now, she and a loaded USC eye a national title.
Americans say they're spending less, delaying big purchases until after election
Will Smith, Gloria Estefan, more honor icon Quincy Jones: 'A genius has left us'
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
State oil regulator requests $100 million to tackle West Texas well blowouts
Man arrested after federal officials say he sought to destroy Nashville power site
NFL trade deadline: Ranking 10 best players who still might be available