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You are here: Home / Business / Johnson Controls recieves battery development grant

Johnson Controls recieves battery development grant

August 6, 2009 By WRN Contributor

A federal grant to a Wisconsin company is a boon to the economy – in Micigan. Glendale-based Johnson Controls has recieved a $299 million grant from the U.S. Department of Energy, to build domestic manufacturing capacity for advanced batteries for hybrid and electric vehicles. The award represents about half of the company’s total planned investment of $600 million dollars in domestic advanced battery manufacturing and infrastructure development.

In April, Johnson Controls and its joint venture partner Saft announced that Johnson Controls-Saft recieved $148.5 million from the State of Michigan for the establishment of a facility at an existing plant in Holland, Michigan. The company expects to have the Holland plant in operation before the end of 2010. The Holland facility will serve the company’s global customers, including Ford, Daimler AG and BMW.

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Filed Under: Business



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