EnerSys invests $500 million to increase lithium battery manufacturing in South Carolina
EnerSys has announced plans to open a lithium-ion cell gigafactory in Greenville, South Carolina. The company, which specializes in stored energy solutions for industrial applications, will invest $500 million into the project, generating 500 new jobs in the process. To help get the project off the ground, EnerSys is hoping to receive a $200 million incentive package from South Carolina and Greenville County, as well as tax benefits from the Inflation Reduction Act (IRA). The new 500,000-square-foot manufacturing facility would produce various form factors of lithium-ion cells for commercial, industrial and defense applications. EnerSys estimates the new facility will have a production capacity of four gigawatt hours (GWh) per year.
In a recent quote, EnerSys President & CEO David M. Shaffer said, “We recognize Greenville as an emerging hub for high-tech companies with an attractive talent pool in a thriving community. EnerSys is accelerating the global clean energy transition by significantly expanding our production of lithium-ion batteries across a broad range of end markets and applications. With the support of South Carolina and Greenville County this factory will help us meet our customers’ needs, including those with specific manufacturing requirements for domestic sourced batteries.”
Investing in American Manufacturing - 2024
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