Archive for October, 2022

$3.5 billion EV battery plant proposed in Fayette County

Posted by / October 14, 2022 / Categories: News / Tags: , , / 0 Comments

Another megaproject is coming to Central Ohio that will create at least 100 jobs for members of Sheet Metal Workers Local 24.
On Oct. 11, after weeks of speculation, Honda and LG Energy Solution announced that they will partner together to form a new joint venture battery company, and the plant will be built about 40 miles southwest of Columbus in Fayette County.

The companies expect to invest about $4.4 billion into the total project, which will create 4,000 construction jobs for building trades members and 2,200 full-time permanent jobs within the battery plant pending final government approvals, according to an official announcement released Oct. 11.

The $4.4 billion project includes $700 million to re-tool three Honda auto plants in Ohio. Continue reading →