Lithium-ion Batteries Grow in Popularity

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Researched by Industrial Info Resources (Sugar Land, Texas)--Lithium-ion batteries offer high storage capacity, better efficiency and longer lifecycles that other batteries. In rechargeable batteries, lithium moves from the negative electrode to the positive electrode during discharge and back when charging, using an intercalated lithium compound as one electrode material, compared with the metallic lithium used in a non-rechargeable lithium battery.

U.S. market demand for lithium-ion batteries is expected to increase at a compound annual growth rate (CAGR) of 16.6% for 2017 through 2022, according to a report issued by Market Research Engine (Deerfield Beach, Florida). Industrial Info is tracking lithium-ion battery manufacturing projects totaling $5.1 billion in the U.S.

In Nevada, Tesla Incorporated's (NASDAQ:TLSA) (Palo Alto, California) $5 billion grassroot McCarran lithium-ion battery "Gigafactory" project includes a 1-2 level, 5.8 million-square-foot manufacturing plant. Construction began in summer of 2014 and is anticipated for completion in early 2020. For more information, see Industrial Info's project report.

Environment One Corporation (Niskayuna, New York) is planning a $10 million expansion at its New York plant. The first phase involves constructing a 35,000-40,000-square-foot expansion. Construction is expected to begin this fall and be completed in summer of 2018. The second phase involves construction of a 25,000-30,000-square-foot building. Construction of the second phase is expected to begin in summer of 2018, with completion in fall 2018. For more information, see Industrial Info's project report.

In LaGrange, Georgia, Duracell USA Incorporated (Bethel, Connecticut) is planning a $1.5 million equipment addition. This project involves installing additional battery assembly equipment from Duracell's plant in Lancaster, South Carolina. Construction is expected to begin in fall 2018, with completion in summer 2019. For more information, see Industrial Info's project report.

Johnson Controls International Plc's (NYSE: JCI) (Cork, Ireland) $7.5 million project in San Antonio, Texas, involves expanding the existing 145,434-square-foot facility by constructing a 52,000-square-foot warehouse building, plus remodeling parking areas and installing a new elevator. Construction began this summer and is expected to be completed by the end of the year. For more information, see Industrial Info's project report.

Global Technical Systems Incorporated's (Virginia Beach, Florida) $4.1 million expansion in Virginia Beach involves constructing an 8,000-square-foot building. Construction began this year and is expected to be completed by the end the year. For more information, see Industrial Info's project report.

In Novi, Michigan, A123 Systems LLC's (Livonia, Michigan) $40 million expansion involves constructing a new 150,000-square-foot facility. Construction is expected to begin this fall, with completion in spring 2018. For more information, see Industrial Info's project report.

EaglePicher Technologies LLC's (Joplin, Missouri) $3.273 million expansion in Pittsburg, Kansas, consists of expanding an existing 50,000-square-foot facility by constructing a 1,600-square-foot addition, plus installing two new servo presses, a heat press and a stacker. Construction began early summer this year, with completion expected this fall. For more information, see Industrial Info's project report.

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