Tuesday, October 04, 2022

Electrovaya plans $75 million lithium-ion battery plant in Chautauqua County

 

A Canadian maker of lithium-ion batteries plans to open a $75 million manufacturing plant in southern Chautauqua County that promises to employ 250 when fully staffed.

Electrovaya, a publicly traded company based in Mississauga, Ont., said it had chosen a former manufacturing plant near Jamestown for the project. The facility will make cells and batteries for transportation and utility storage, and is expected to open in fall 2023.

“We wanted to find an area of the state that was local to us and that we could grow with,” said John Gibson, the chief financial officer. “Jamestown’s a small town, but there’s a lot of small Canadian towns that just need that small push in order to get them going.”

Electrovaya’s project will give the company its first U.S.-based plant, while reviving a dormant manufacturing facility in the Town of Ellicott. Heidenhain closed an electronics and optics factory at the site in 2018, eliminating about 40 jobs.

 

 

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