Battery producer Electrovaya to bring 250 jobs to south county | News, Sports, Jobs

JAMESTOWN — New York State Gov. Kathy Hochul has made it official. Electrovaya, Inc., a manufacturer of lithium-ion batteries for transportation and energy storage, has chosen the town of Ellicott, Chautauqua County, as the location for its first US facility.

The listed company will set up its newest production facility, create up to 250 jobs and produce more than one GWh of batteries per year when fully operational. The investment supports the broader New Energy New York initiative, which aims to create a national hub for battery innovation and manufacturing. In July, Hochul announced a hydropower allocation to Electrovaya from the Niagara Power Project by the New York Power Authority.

“New York State continues to play a leading role in the research and development of advanced, cutting-edge and innovative energy technologies,” said Hochul. “Thanks to state funding, Electrovaya will bring up to 250 jobs to Chautauqua County and deepen New York’s exposure to the growing clean energy sector. The race for the high-paying jobs that come with clean technology is on, and there is no place like New York for these manufacturers to grow, operate and thrive.”

The company will begin operations at the former Acu-Rite site at 1 Precision Way to address strong demand for lithium-ion batteries for e-forklifts, e-trucks and e-buses. The sale of the property was reported last week in The Post-Journal and OBSERVER for $5 million and was purchased by Sustainable Energy Jamestown LLC of Mississauga, Ontario, Canada. It was developed by Heidenhain Corp. sold, a foreign trading company licensed to conduct business in the state of New York, as the successor through the merger of Acu-Rite Companies, Inc. and Acu-Rite Incorporated with an office in Lisle, Illinois.

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Electrovaya selected this southern Chautauqua County facility after determining it as the best location for the Company to service its growing customer base in the United States due to factors including its skilled workforce and available renewable electricity.

Electrovaya CEO Dr. Raj Das Gupta said: “As the United States and the world enter an unprecedented period of growth for electric vehicles and electric mobility, lithium-ion batteries and the components they contain are critical to the success of the industry. Electrovaya is proud to bring our sustainable technologies and approaches to New York State as Electrovaya’s first commercial facility in the United States. The facility will produce lithium-ion cells and modules, critical components for lithium-ion battery manufacturing. We are excited to support the creation of quality jobs in Chautauqua County and look forward to our continued growth in western New York.”

Electrovaya Inc. is at the forefront of global energy conversion with industry-leading performance and extensive intellectual property, and is focused on helping prevent climate change by providing safe and long-lasting lithium-ion batteries. Electrovaya designs, develops and manufactures proprietary lithium-ion batteries, battery systems and battery-related products for energy storage, clean electric transportation and other specialty applications.

State Senator George M. Borello said: “Congratulations to everyone who has helped secure another win for the economic development of Chautauqua County and our wider region. Our community has proven time and time again that it has the manpower, infrastructure and pro-business leadership that manufacturers like Electrovaya are looking for. The company’s forward-thinking technology will complement other emerging industries in the region and contribute to job and economic growth for years to come.”

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Empire State Development (ESD) is supporting the project with up to $4 million through the performance-based Excelsior Jobs Tax Credit Program and $2.5 million in Regional Council Capital Funding to support this lithium-ion manufacturing and manufacturing facility. Build batteries in a former manufacturing facility, capitalizing on the creation of 250 new jobs and the production of 1 GWh of battery and energy storage devices over the next five years. In July, the Board of Trustees of the New York Power Authority (NYPA) approved a low-cost hydroelectric power allocation of more than 1.5 megawatts to Jamestown under the Power Authority’s Industrial Economic Development program to meet the increased electrical load resulting from the expansion of Electrovaya’s Town of Ellicott. The facility has been estimated to cost approximately $75 million and is expected to open in fall 2023.

Assembly member Andrew Goodell said: “It is great news that the Chautauqua County IDA, its staff and County Executive have persuaded Wendel Electrovaya to proceed with its plans to manufacture lithium batteries in Jamestown. These products will play a key role in our future. Our area has a proud history of dedicated and highly skilled employees who will undoubtedly make this project a success.”

Chautauqua County Executive Paul M. Wendel said: “I am pleased that Electrovaya has chosen Chautauqua County as the location to expand its operations. His investment will breathe new life into the old Heidenhain facility at Mason Industrial Park as the company continues its success in lithium battery manufacturing, creating up to 250 jobs in our county over the course of 10 years.”

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Deputy County Executive for Economic Development and CEO of the County of Chautauqua Industrial Development Agency Mark Geise said: “I am grateful that CCIDA was able to help persuade a responsible party in a burgeoning industry to purchase, invest in and put this wonderful building back into productive use. The CCIDA will continue to work with Electrovaya to ensure they have the resources they need to ramp up production and be sustainable over the long term. In addition to Electrovaya, I would like to thank Invest Buffalo Niagara, Empire State Development, the City of Ellicott, the CCIDA team, the New York State Power Authority, Hanna Holt Reality (Melissa Uber), and everyone else who helped make this project a reality. “

David L. Leathers, general manager of the Jamestown Board of Public Utilities, said: “What absolutely amazing news for Chautauqua County and the greater Jamestown area! The BPU area of ​​Jamestown remains a very attractive location for manufacturing companies and the BPU Board of Directors and employees are delighted to welcome Electrovaya to our community. Our goal is to attract leading manufacturers of clean energy and climate technology to Jamestown, and this new lithium-ion battery and cell manufacturer is an exciting addition to the Industrial Hub in the eastern part of our system. We are committed to supporting the Electrovaya team and helping them thrive in their new facility.”

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