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.â€

AREA DEVELOPMENT MAGAZINE

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

To read more updates on Right to Work states, click here.