Jaewon Industrial to Add New Location in Right to Work Indiana
Jaewon Industrial is adding a new location soon in Right to Work Kokomo, Indiana. In order to do this, the company is investing $102 million toward the project. They will also create 100 new jobs. So this is incredible news for the area’s economy!
From Area Development Magazine:
“The secondary battery and semiconductor industries in North America have been seeing rapid growth over the last few years. […] By establishing a presence in Indiana, we hope to help secure Indiana as the center of the North American secondary battery and semiconductor supply chains. Jaewon Industrial is also committed to investing in R&D as well as innovation of leading environmentally friendly solutions for businesses.” […]
“Indiana’s electric vehicle ecosystem continues to accelerate, and we’re excited to welcome JWA to our growing, future-focused economy. […] With the addition of JWA, Hoosiers will be supporting the full lifecycle of energy storage and electric vehicle production, from R&D to production to recycling, helping usher in the global energy transition and shared sustainability goals.”AREA DEVELOPMENT MAGAZINE
To read the previous economic update on Right to Work states, click here.