China-based Global battery company Gotion will build a battery component manufacturing facility in Big Rapids, Michigan. The $2.36 billion project is expected to create 2,350 jobs.

The facility will produce 150,000 tons of cathode material per year, covering an area estimated to span 260 acres with plans to build two 550,000 square foot production plants along with other supporting facilities. Additionally, the investment will involve the construction of two production plants specifically dedicated to producing anodes, ultimately resulting in 50,000 tons of anode material produced per year.

“We are thankful to the Big Rapids community, State of Michigan and all who have supported us in getting the project to this important milestone. We are dedicated to bringing world class lithium battery production to North America and delivering high-quality products to our customers in a timely fashion. We look forward to our continued partnership to ensure a smooth launch,” said Chuck Thelen, Vice President of Gotion Global.

The MSF Board approved a package of incentive support, including a $125 million Critical Industry Program performance-based grant through the SOAR Fund as well as an MSF Designated Renaissance Zone estimated to be worth $540 million. In addition a $50 million Strategic Site Readiness Program performance-based grant through the SOAR Fund will be administered by The Right Place to assist with infrastructure improvements.

“We are thrilled to congratulate the Gotion team on choosing Michigan as their American home for opportunity! Team Michigan continues to out-hustle and out-compete to ensure every global company considering their future expansion opportunities can see their future here in our state, just like Gotion does,” noted Quentin L. Messer, Jr., CEO of MEDC and President and Chair of the MSF Board.

Both Green Charter Township and Big Rapids Charter Township also anticipate approval of a PA 198 real property tax abatement. Green Charter Township, Big Rapids Charter Township, and Mecosta County have also authorized a 30-year Renaissance Zone in support of the project.

“The Right Place is honored to have played a role in bringing this transformational project to the Big Rapids area,” added Brent Case, Vice President, Business Attraction, The Right Place, Inc. “The location and community have been prepared for an opportunity like this to utilize the infrastructure, locally trained talent pool and outstanding resources from Ferris State University. We are well on our way to positioning the region at the center of West Michigan’s growing mobility and EV sector.”

Founded in 1998 and based in Hefei, China, Gotion High-tech Co. engages in the research and development, production, and sale of power lithium batteries in China and internationally. The company was incorporated in California in 2014 and was focused on research and development activities in Fremont, California as well as Cleveland, Ohio.