$140 million lithium battery project bringing over 500 jobs to the Charlotte area [Yahoo! Finance]
Albemarle Corporation (ALB)
Last albemarle corporation earnings: 2/19 04:15 pm
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Source: Yahoo! Finance
Green New Energy Materials Inc., which makes a key part of lithium-ion batteries, will open its manufacturing plant in Lincoln County, Gov. Roy Cooper's office said Thursday in a news release. The Denver area facility, just northwest of Charlotte, will manufacture battery separator components for North American customers. The company said it is planning to build a 500,000 square-foot plant. “This investment is yet another example of the economic prosperity that clean energy can bring to our communities,” Cooper said. Green New Energy Materials specializes in research and development, manufacturing and sales of lithium battery components used in electric vehicles, energy storage, electric tools and other industrial applications. The average salary for jobs at GNEM will be $57,934, above Lincoln County's average wage of $51,886. For its investment, GNEM will receive over $3.6 million in state tax incentives over 12 years, which was approved Thursday by N.C. Economic Investmen
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ALB
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ALB
Earnings
- 5/1/24 - Miss
ALB
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 144
- 5/14/24 - Form 3
- ALB's page on the SEC website