Monday, May 17, 2010

Gas 2.0

Gas 2.0


A123 Systems’ Lithium-Ion Battery to Help Revive U.S. Manufacturing Sector with More Green Jobs

Posted: 17 May 2010 08:52 AM PDT

A123 will bring more green jobs to the U.S., with a new Li-ion battery factory in Livonia, Michigan

A123 Systems is bringing more green jobs to Michigan with a gigantic new 300,000 square foot factory for its lithium-ion batteries, thanks to a whopping $249 million grant from the U.S. Department of Energy.  The move follows a decision a few years back by A123 to start manufacturing in China.

As profiled in the LA Times, the move speaks volumes about the ability of new green tech to create jobs and lift the U.S. out of its economic doldrums – if it gets support from the investment community.
(more…)

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