Princeton NuEnergy Looks to Establish Operations in Right to Work South Carolina

Princeton NuEnergy is planning to establish operations in Right to Work Chester, South Carolina, likely because fo the great economic benefits the state provides. In order to cover the cost, the company is investing as much as $11 million toward the project. They will also create 41 new jobs!

From Area Development Magazine:

“Princeton NuEnergy is excited to establish the first Cathode Active Material (CAM) direct recycling manufacturing center in South Carolina. We will utilize our innovative pre-processing and Cathode-to-Cathode technologies we have developed for lithium-ion battery direct recycling and critical materials recovery. The advanced blackmass and rejuvenated battery-grade cathode active materials will play a crucial role in achieving a true domestic circular economy and supporting the growing number of auto manufacturers transitioning to electric vehicles. South Carolina is rapidly becoming a leader in the EV industry, and we are a proud partner with the state and Chester County on this transformative journey.” […]

“Having innovative companies like Princeton NuEnergy in South Carolina furthers our state’s contribution to the circular economy. Given sustainability’s important role in remaining competitive, this partnership advances South Carolina’s reputation as an alternative energy leader.” […]

“With Princeton NuEnergy’s new manufacturing operation in Chester, the EV sector continues to grow alongside the I-77 corridor. We have seen several significant EV sector investments in our region in recent years. With a location between Columbia and Charlotte, our region is an ideal location for EV-related and supply chain projects.”

AREA DEVELOPMENT MAGAZINE

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