Dow Kokam has committed to spend $322 million on a new advanced, large-format battery production facility in Midland, Michigan.
The company broke ground today on the 800,000 square-foot facility, according to a press release.
"We're making history today for Michigan and for the adoption of alternative energy by the automotive industry," said Dow Kokam's Chief Executive Officer Ravi Shanker. "In just nine short months, Dow Kokam has moved from formation to construction of a manufacturing facility to meet the needs of the next generation of the auto industry."
The company plans two overlapping … Read more