LioChem e-Materials Chooses to Establish in RTW Kentucky
LioChem e-Materials is a subsidiary of Toyo Ink SC Holdings. Well, pretty soon, you should expect to see a new facility in Right to Work Simpson County, Kentucky. In order to accomplish this, the company is investing $104.4 million toward the location. They also plan to create a total of 141 new jobs. So this will be an excellent addition to the economy!
From Area Development Magazine:
“Since 2021, the Toyo Ink Group has been supplying battery materials created at our manufacturing facility, LioChem, in the state of Georgia. […] North American demand for this essential material continues to grow rapidly. To meet projected future demand, we decided to establish LioChem e-Materials as our second battery material production based in the United States. This new site is expected to further bolster our regional and global supply chain.” […]
“Kentucky has made incredible strides developing our electric vehicle industry during the past few years. […] We are committed to making Kentucky an attractive location for companies making EVs, batteries and the supply chain around this fast-growing sector. I want to thank the leaders at LioChem for believing in Kentucky and our incredible workforce. I look forward to watching the company’s success and its contribution to making Kentucky a national leader in EVs.” […]
“LioChem marks the 12th international company to locate in Franklin. […] This company will be a welcomed addition to our Henderson Industrial Park. They are providing great job opportunities for our community.”AREA DEVELOPMENT MAGAZINE
To read the previous economic update on Right to Work states, click here.
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