Gränges, a manufacturer of aluminum for various foil applications, will expand its operations in Newport, Arkansas. The project is expected to create 43 jobs.

The investment is a result of increased demand for battery cathode foil in electric vehicles and markets moving toward battery-driven electrification.

“We continue to invest in the foil industry benefiting our customers, employees and the communities in which we operate”, says Gränges Americas President, Patrick Lawlor. “Gränges is excited to lead the way in battery foil development partnering with the State of Arkansas to invest in this exciting new high-growth industry.”

BCF is a critical component for lithium-ion batteries, which are essential in the production of electric vehicles.

“Arkansas is pleased that Gränges has selected Newport as the site of this ground-breaking facility,” noted Secretary of Commerce Mike Preston. “We are looking forward to partnering with the company in their efforts to invest in and grow the labor force in Newport as well as increase the domestic production of battery cathode foil. We believe that Arkansas is the perfect fit for what the future has in store for Gränges.”

Gränges is an aluminum technology company who drives the development of lighter, smarter and more sustainable aluminum products and solutions. The company offers advanced materials that enhance efficiency in the customers' manufacturing process and the performance of the final products.

“Gränges and the Newport Economic Development Commission have forged a great working relationship that benefits the community and the company,” added Jon Chadwell, Director of Economic Development. “Newport is blessed with great corporate citizens like Gränges, and we are excited to work with them to produce this product that is vital for the future of the automotive industry.”