Battery Manufacturer to Open Million Facility

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September 8, 2022
2:46 PM

Welcome to Thomas Insights — every day, we publish the latest news and analysis to keep our readers up to date on what's happening in industry. Sign up here to get the day's top stories delivered straight to your inbox. Battery manufacturer Factorial Energy announced it would begin operations at a facility early next year in Methuen, a Boston suburb. The site will manufacture solid-state battery cell technology for electric vehicles.  Based in Massachusetts, Factorial Energy plans to invest $45 million in the production center and expects to create 166 jobs.

Nolan Beilstein