Mitra Chem Plans Muskegon, Michigan, Battery Manufacturing Operations
09/30/2024
The company will partner with Sun Chemical on the new facility which will be the first mass production operation for lithium iron phosphate cathodes in North America, focusing on developing and manufacturing next-generation materials for electric vehicles and battery storage.
"This award selection represents a pivotal moment for the entire U.S. battery industry," said Mitra Chem CEO Vivas Kumar. "By bringing advanced battery production to American soil we're securing our energy future and positioning the U.S. at the forefront of the global electric vehicle revolution. The support from the DOE and Michigan, and our collaboration with Sun Chemical, will accelerate Mitra's mission to revolutionize next generation battery production."
The company was recently awarded up to $125 million from the U.S. Department of Energy's Office of Manufacturing and Energy Supply Chains and the state of Michigan's Competitiveness Fund.
"The partnership between Mitra Chem and Sun Chemical brings together expertise in advanced materials and large-scale chemical manufacturing," noted Russell Schwartz, CTO of Sun Chemical. "By combining Mitra Chem's cutting-edge battery technology with a century of manufacturing experience, we're setting a new standard for innovation in cathode active materials for electrical storage. This project will demonstrate the power of American ingenuity and industrial might."
? Mitra Chem is innovating and commercializing iron-based cathode materials to enable mass-market electrification in transportation and energy storage. The company applies its acceleration platform that leverages machine learning and automation to unlock high throughput development and materials testing at 10x the speed of current industry practices. “Battery cathode powder is one of the first stages in battery production, so it aligns really well with some other companies we have here and skill sets that can be built upon that are existing in our county,” added Greater Muskegon Economic Development CEO Marla Schneider.
Project Announcements
Shinsung Petrochemical Plans Toombs County, Georgia, Manufacturing Operations
10/15/2024
Greece-Based Flexopack USA Plans North Lebanon Township, Pennsylvania, Manufacturing Operations
10/15/2024
Niron Magnetics Plans Sartell, Minnesota, Manufacturing Operations
10/15/2024
Kingspan Roofing + Waterproofing Plans Cumberland, Maryland, Manufacturing Operations
10/14/2024
Infinity Design & Construction Expands LaGrange, Kentucky, Operations
10/14/2024
Birdon Expands Bayou La Batre, Alabama, Shipyard Operations
10/14/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
Reaching for the Stars: Space Industry Creating Opportunities Across the Country
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Exploring the Dynamic Landscape of Industrial Packaging Solutions
Q3 2024