New Lithium Ion Battery Facility to Bring Hundreds of Jobs to Connecticut
PAWCATUCK, Conn.-Joining together to expand their presence in the United States electric auto industry, Coda Automotive and Yardney Technical Products, Inc. have entered into a joint venture to form Coda Battery Systems LLC, which will design, manufacture, and sell automotive-grade lithium ion battery power systems.
The manufacturing facility will be in Enfield, Conn., with funding coming in part from a stimulus grant through the U.S. Department of Energy. The Coda Battery facility expects to employee about 600 U.S. workers in manufacturing positions.
“This Connecticut factory and the hundreds of new manufacturing jobs it will create are only the beginning of our long term plans,” said Kevin Czinger, president and chief executive officer of newly formed Coda Automotive, a Santa Monica, Calif.-based manufacturer and distributor of all-electric, highway capable vehicles.