Natron Energy, Inc. has announced plans to build a sodium-ion battery gigafactory in Edgecombe County, North Carolina. The company, which specializes in sodium-ion battery technology, will invest $1.4 billion into the 1.2 million-square-foot facility, which is expected to produce 24GW of Natron’s sodium-ion batteries annually. Natron also received a Job Development Investment Grant (JDIG) from the state’s Economic Investment Committee, and the company hopes to create 1,000 new jobs for the surrounding area. According to the company, the Edgecombe County facility will enable a 40x scale-up of Natron’s current production capacity.
What people are saying
In a recent quote, Colin Wessells, Founder and co-CEO, Natron Energy, said, “Today is a momentous day for Natron Energy. This flagship manufacturing facility will dramatically accelerate our efforts to deliver sodium-ion batteries to customers who are hungry for safe, reliable, and environmentally responsible energy storage solutions. After evaluating over 70 sites across 9 states, we found that North Carolina, with its leadership in the clean energy revolution, would make the perfect home for this project. We are proud to partner with the state on this ambitious project to deliver high-quality jobs to the community while advancing the electrification of our economy. We look forward to joining the Edgecombe County business community.”
Wendell Brooks, co-CEO, Natron Energy, added, “This facility advances Natron Energy’s position as the leader of the next battery revolution. Once operational, the Edgecombe County facility will accelerate Natron’s growth trajectory, allowing us to capitalize on the growing demand for efficient, safe, and reliable sodium-ion battery energy storage. We’re proud to be leading the charge in the advancement of a domestic battery supply chain, and we’re grateful for the partnership of local and state officials here in North Carolina.”
Manufacturers investing in North Carolina
Project Aero invests $868M to build titanium manufacturing plant in North Carolina
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Packaging manufacturer invests $24.9 million to double production and build new manufacturing plant in North Carolina
To help support the project, Clearly Clean Products will receive a $200,000 performance-based grant from the One North Carolina Fund.
Nucor invests $20 million to open rebar fabrication facility in North Carolina
Nucor will receive a $50,000 performance-based grant from the One North Carolina Fund.
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