From: Porter, Paulette (GOV)
Sent: Friday, November 05, 2010 3:56 PM
Subject: What the Governor's Talking about Today

Importance: High

What the Governor’s Talking about Today

Friday, November 5, 2010

 

Governor: LG Chem Plans to Establish New Electrolyte Production Plant in Holland, Bolstering Michigan’s Battery Supply Chain

The governor today announced that LG Chem, the South Korea-based advanced battery manufacturer with operations in Michigan, will establish a new electrolyte production plant in Holland in West Michigan, expanding the state’s battery supply chain.  Today was the second day of the governor’s three-day investment mission to South Korea.

 

The new electrolyte production plant will be located near LG Chem’s $303 million battery cell plant in Holland which is under construction.  The electrolyte plant is in the design stage and the project will be presented to LG Chem’s board in the weeks to come.

 

On Saturday, the governor will meet with executives from SB LiMotive, the lithium-ion battery company that is a joint venture between Samsung and Bosch.  SB LiMotive recently purchased Cobasys, a nickel metal hydride battery firm based in Orion.  The governor previously met with officials to push for Cobasys R&D operations to remain in Michigan long-term and for Michigan to serve as the launch pad for SB LiMotive’s U.S. operations.  She also will meet with executives from W-Scope, a firm that provides separator material for the battery industry.

 

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