Company announces nearly $712 million project in Kentucky to make batteries used to store energy
A battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy
FRANKFORT, Ky. (AP) — A battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy, a process seen as increasingly important to help secure a reliable electric grid for the country, officials said Friday.
The Shelbyville Battery Manufacturing plant will employ 1,572 workers once the project reaches full capacity, deepening Kentucky's ties to emerging battery technologies. Companies wanting to make batteries to power vehicles have announced projects expected to total nearly $12 billion in new investments and create more than 10,280 fulltime jobs in Kentucky.
“With this investment, we’re putting our stamp on working to become just the battery capital of the United States,” Gov. Andy Beshear said in announcing the new project to be located in Shelbyville.
Production at the Shelbyville battery plant is expected to begin in late 2025.
