Ascend Elements and SK ecoplant Invest in Right to Work Kentucky

Ascend Elements and SK ecoplant are establishing a new location soon in Right to Work Christian County, Kentucky. This will serve as a battery recycling facility. In order to cover the costs, the two company are investing a total of $65 million toward the project. They will also create 60 new jobs. So this is exciting economic news!

From Area Developent Magazine:

“With this joint venture, we are deepening our relationship with SK ecoplant and also reaffirming our commitment to Southwestern Kentucky. […] The EV battery materials industry will continue to grow in the United States, and Kentucky is at the center of it all. I’d like to thank Gov. Beshear and his staff for their partnership as we work to accelerate the global transition to clean energy and bring good jobs to the community.†[…]

“I want to once again thank Ascend Elements for investing in the commonwealth, as well as welcome its new partner, SK ecoplant, to our state. […] Our automotive and EV-related growth has shown no signs of slowing down as we continue to position ourselves as the national leader in the electric future. This is another great project bringing dozens of quality jobs to West Kentucky, and I look forward to all this partnership can achieve as part of Team Kentucky.†[…]

“We are honored to welcome our first South Korean company as part of the joint venture with Ascend Elements. […] We thank the company’s leadership and vision to create nearly 60 awesome jobs and a $65 million capital investment.â€

AREA DEVELOPMENT MAGAZINE

To read the previous economic update on Right to Work states, click here.