Electric vehicle battery maker LG Energy Solution plans a $1.7 billion expansion in western Michigan that will add up to 1,200 jobs by 2025.
FILE - LG Chem Michigan Inc.'s plant is Holland, Mich., is seen in this March 15, 2013 photo. Electric vehicle battery maker LG Energy Solution, a joint-venture partner with automaker General Motors, plans a $1.7 billion expansion in western Michigan that will add up to 1,200 jobs by 2025. The project at the company’s site in Holland was approved Tuesday, March 22, 2022, for $56.5 million in state grants and a 20-year tax break worth $132.6 million.
The project at the company’s site in Holland, located about 155 miles northwest of Detroit, was approved for $56.5 million in state grants and a 20-year tax break worth $132.6 million. “We look forward to the incredible impact this project will have on the region’s economy, small businesses and workforce for generations to come,” Messer said.
The company, which is headquartered in South Korea, could begin hiring later this year. It manufactures large lithium-ion polymer battery cells and packs for electric vehicles and other applications.
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