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Gränges, a manufacturer of aluminium for various foil applications, broke ground today on an expansion at its Newport facility. The expansion positions Gränges as the first company in the U.S. to invest in battery cathode foil (BCF) production. Today’s announcement builds on previous investments in Newport over the past three years.
The expansion is a result of increased demand for battery cathode foil in electric vehicles and markets moving toward battery-driven electrification. The expansion will create 43 new jobs and include equipment for finishing and a clean room necessary for BCF production.
Arkansas was one of several locations being considered for the project and a natural fit given Gränges’ Newport facility has a long history of high-end foil application development.
BCF is a critical component for lithium-ion batteries, which are essential in the production of electric vehicles. Gränges is widely recognized for its global footprint, its focus on sustainability, and its expertise in aluminium alloy development.
Gränges expects battery cathode foil production to be available in the first quarter of 2024.
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