GE Builds Battery Manufacturing Plant for Advanced Hybrid Technologies
Tuesday, May 12th, 2009GE Transportation continues its commitment towards developing and providing leading hybrid technology solutions with the announced plans to build a state-of-the-art manufacturing plant for advanced storage batteries.
The new battery business will be a part of GE Transportation and will serve customers in the rail, marine, mining, telecommunications and utility sectors. As the leading producer of diesel-electric locomotives, GE has a rich history of delivering breakthrough technologies that are today commonplace in the rail industry.
GE has invested more than $150 million to develop advanced battery technologies, including a high energy-density sodium-based chemistry battery that will provide energy storage for a variety applications, including GE Transportation’s ecomagination certified Evolution Hybrid Locomotive, mining truck drive system and tugboat electrification.
The new $100 million production facility will be located in upstate New York in the Capital Region and will create 350 new manufacturing jobs. New York State has partnered with GE in this project by pledging more than $15 million in incentives. GE also is in the process of filing an application for U.S. Department of Energy stimulus funding for this project.
(Source) Press
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