Fujihatsu & Toyotsu Battery Components Plans Liberty, North Carolina, Production Operations
03/01/2024
The new facility will support Toyota Battery Manufacturing North Carolina and manufacture and sell prismatic aluminum cell cases and cell covers with discharge valves to meet the increasing demand for automotive and EV batteries.
“North Carolina’s reputation as a leader in the clean energy and EV industries is not only attracting flagship companies like Toyota, but key players in the EV supply chain,” said Christopher Chung, CEO of the Economic Development Partnership of North Carolina (EDPNC). “Our state’s world-class education system, customizable workforce development programs and the largest manufacturing workforce in the Southeast also provide the support companies like FTBC need to succeed. We look forward to FTBC being a part of North Carolina’s clean energy economy.”
Fujihatsu & Toyotsu Battery Components was established in July of 2023. The new company is 60% owned by Fujihatsu Tech America, Inc. and 40% by Toyota Tsusho America Inc.
“There is a lot of excitement about the opportunities that are coming to town,” Randolph County Economic Development Corporation president Kevin Franklin noted. “There’s opportunities for our young people to stay right here in the community, get a good education in our K-12 system and at the Randolph Community College and go straight into the workforce in jobs that weren’t available here just ten years ago or five years ago.”
In addition to the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina (EDPNC), other key partners in the project includes the North Carolina Community College System and Randolph Community College.
Project Announcements
Lufthansa Technik Expands Tulsa, Oklahoma, Operations
02/10/2025
AGS America Expands Opelika, Alabama, Manufacturing Operations
02/10/2025
Italy-Based Serioplast Plans Shenandoah County, Virginia, Operations
02/09/2025
Flash Steelworks Expands St. Clair County, Michigan, Operations
02/09/2025
Coast Packing Company Establishes Amarillo, Texas, Operations
02/09/2025
CC Patio Establishes Phoenix, Arizona, Manufacturing Operations
02/09/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Five Strategies to Tackle the Data Center Talent Shortage
Q4 2024
-
Microsoft-Three Mile Island Deal Could Signal Path for Nuclear Power to Strengthen Partnerships with Big Tech
Q4 2024
-
Industries Look for Employees in Nontraditional Spaces Amid Labor Shortage
Q4 2024