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Davidson County selected for lithium-ion battery pouch manufacturing facility

The company is planning to invest $233 million into a manufacturing facility in Linwood.
Credit: piter2121 - stock.adobe.com
KONSKIE, POLAND - August 17, 2021: Dai Nippon Printing Co Ltd logo displayed on mobile phone hidden in jeans pocket

DAVIDSON COUNTY, N.C. — More jobs are coming to the Triad!

Davidson County was selected for a new battery pouch manufacturing facility, providing 352 jobs to the area.

Dai Nippon Printing Co., Ltd. (DNP) is a lithium-ion battery pouch manufacturer that selected Davidson County to be the first roots they plant in the United States.

The company is planning to invest $233 million into a manufacturing facility in Linwood, according to Gov. Roy Cooper.

The average salary for the new positions is $50,281, which exceeds the Davidson County average wage of $49,956, according to the governor's office.

The project is estimated to grow North Carolina's economy by $691 million.

DNP also has the help of a Job Development Investment Grant (JDIG of up to $2,741,400 over the course of 12 years. The agreement also calls for moving $304,600 into the state’s Industrial Development Fund – Utility Account, which helps rural communities finance infrastructure to attract business.


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