News Story

The complex marks the largest single investment for a stand-alone battery manufacturing facility in North America, creating thousands of jobs (full release).

This announcement augments LG's original planned investment of $1.4 billion that was announced in March 2022 (original release). 

Approvals for phase 1 remain (approved in 2022) - the Town and County will be working with LG Energy Solution on next steps to bring this state-of-the-art advanced manufacturing complex to the region. LG Energy Solution will continue to go through the applicable regulatory and administrative processes.  

The project is anticipated to break ground this year, with production anticipated in 2025.

The Town maintains a dedicated web page with the most current information on the project, which can be found here.