How Much is LOTTE Aluminum Investing in RTW Kentucky?
LOTTE Aluminum Materials USA is adding a new location soon in Right to Work Elizabethtown, Kentucky. In order to accomplish this, the company is investing a total of $238.7 million toward the project. As a result, this will also create 122 new jobs. So this is exciting economic news for Hardin County!
From Area Development Magazine:
“We will do our best to develop and support technology so that we can stably produce high-quality and high-efficiency cathode foils to respond to customers one step at a time.†[…]
“I want to welcome LOTTE to Kentucky as we continue to see significant investment from EV-related businesses across the state. […] Further growth of this sector will require attraction of a broad range of suppliers, and this announcement by LOTTE signifies just that. We are building an ecosystem that will last for generations to come, and I am happy to announce this company will be a very important part of that vision.†[…]
“Amid recent large-scale industrial development announcements in the Elizabethtown-Hardin County area over the last year, there have been plenty of discussions regarding ancillary projects coming to the region. […] This announcement proves there is a lot of truth to the assertion that our industrial sector will only grow in the coming years.â€
AREA DEVELOPMENT MAGAZINE
To read the previous Area Development update on Right to Work states, click here.
To read more updates on Right to Work states, click here.