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Tagged: lg energy

Battery maker LG Energy Solution considering sites for North American HQ

Holland, Mich. — LG Energy Solution is positioning its growing operation in Holland to become the company’s North American headquarters as it scales up battery manufacturing across the country.

The designation could bring an influx of white-collar and senior-level positions, building on the hundreds of advanced manufacturing jobs LG Energy Solution Michigan is creating with its $1.7 billion lithium ion battery plant expansion in Holland. LG Energy Solution Michigan is a wholly owned subsidiary of Seoul, South Korea-based LG Energy Solution.

“We are seriously considering making this site the headquarters for North America,” Roger Traboulay, project manager at LG Energy Solution Michigan, said during a presentation to local developers Aug. 3 at the expansion site in Holland. “If that happens, it would bring in a whole band of directors and senior persons with [a need for] executive-level housing.”

Holland is among the eight plants across the U.S. and Canada that LG is aggressively investing to build capacity and supply chains for automakers that are launching electric vehicle lines, Automotive News reported this week. Once up and running, which is expected by mid-decade, the eight plants would have a combined 300 gigawatt-hours of electric vehicle battery production capacity.

Of those eight sites, Holland and an Arizona facility are the only two solely owned by the company, while the rest are joint ventures with major automakers. The projects represent nearly $27 billion in combined investment between LG Energy Solution and its automaker partners, which include General Motors, Stellantis, Honda and Hyundai.

“As LG Energy Solution continues to expand in North America, the Holland facility is on track to fulfill the role of a control center (i.e. a ‘Mother Factory’), providing operational support and employee education/training to other facilities in the region,” LG Energy Solution Communications Manager Val Gent said via email.

Gent

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