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USA: Valence selects Leander for proposed battery plant

Austin-based battery manufacturer Valence Technology Inc. said Wednesday that it has applied for $225 million in federal stimulus money to help pay for an advanced battery plant that would be built in Leander.

The plant would create as many as 2,700 jobs by 2012, when it would open, and 1,300 more by 2016, according to Valence.


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