Sign up for our bulletin

Unlock premium reporting and in-depth coverage

Subscribe

Microporous invests $1.35bn in battery plant

Published  –  November 24, 2024 09:16 pm GMT
Staff Writer
Read Later

November 24, 2024: Microporous, the battery separator manufacturer, plans to invest $1.35 billion to establish a manufacturing facility in Pittsylvania County, Virginia.

The new plant, which the company says will expand its capability to develop battery separators for lithium-ion batteries, should create 2,015 new jobs. Virginia successfully competed with North Carolina for the bid.

Microporous said that it will develop two phases of the project on Lot 1 of the Southern Virginia megasite, each facility phase being approximately 500,000 square feet. Lot 2 of the Megasite is anticipated to be under consideration for future expansion.

“With the new facility in Berry Hill, we are taking a major step toward the future of energy storage technology,” said Microporous CEO John Reeves.