BASF Catalysts in Elyria received some good news from the White House yesterday. Recognizing the opportunities in technology and manufacturing in Northeast Ohio, the Obama administration awarded the newly created Elyria plant with a $24.6 million stimulus grant to accelerate the manufacturing of electric vehicles.
Specifically, the BASF plant will produce nickel-cobalt-metal cathode material for lithium-ion batteries, for use in electric and hybrid car batteries.
This is great news for auto manufacturing, an important sector in Northeast Ohio that is looking to develop their businesses and workforce towards new technologies and growing business sectors. The new BASF plant in Elyria, announced in June, will expand over the next three years to create jobs in engineering, production, marketing, and administration around the future of auto manufacturing.
"Not only in the near term will it create jobs by way of building the facility, but it will also create jobs in the long term as we become a leader in the development and deployment of the next generation of lithium-ion batteries, which are essential for the future of our auto industry. It is exactly what we need in Northeast Ohio to take advantage of what awaits us," she said
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