An undetermined number of jobs will be available when a proposed $303 million battery manufacturing facility opens in Holland in 2013. The facility is one of several proposed for construction in Michigan.
According to excerpts from the story:
LG Chem Ltd., South Korea's biggest chemicals maker, will spend $303 million over three years to build a battery plant in Holland, Mich.
The plant is to be completed by the end of June 2013 after construction begins next July, the Seoul-based company said Tuesday in a regulatory filing. Michigan may attract at least seven makers of battery cells for electric cars in the next several years, Greg Main, head of the Michigan Economic Development Corp., told Bloomberg News this month. Four manufacturers are already part of a $1.36-billion federal program to help set up new plants in the state, and companies from Texas and Germany and a German-South Korean alliance may also locate in Michigan, the state agency said.
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