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USA: Saft America Requests Funding to Build Li-ion Battery Factory of the Future

COCKEYSVILLE, Maryland, May 28 /PRNewswire-FirstCall/ —

– Proposal Submitted to Department of Energy to Receive Funding for the Factory of the Future in Jacksonville, FL $100 Million Grant Potential to be Announced in July

Saft, a world leader in the design and manufacture of high-technology batteries, is applying for funding under the American Recovery and Reinvestment Act to build a new high-volume manufacturing plant which will produce lithium-ion cells and integrate batteries for military vehicles, aviation, smart grid support, broadband backup power and emerging applications such as energy storage for renewable energy. “This “Factory of the Future” will help the Administration reach its goals to stimulate the economy by creating an estimated 800 new jobs within three years and will accelerate the market for and reduce the costs of renewable energy technologies in the US” declared Thomas J. Alcide, CEO of Saft America.
Source: prnewswire.com

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