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Tennessee: NOVONIX to expand Chattanooga manufacturing operations, will create 290 jobs

Christian Fernsby |
NOVONIX officials announced that the company will expand its Chattanooga, Tennessee manufacturing operations.

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Topics: TENNESSEE   

The project represents an investment of approximately $160 million and the creation of 290 new jobs in Hamilton County.

NOVONIX established its anode materials business, PUREgraphite, in March 2017 to develop and commercialize ultra-long-life, high performance anode material for the lithium-ion battery market, specifically for electric vehicles and similar storage applications.

To address the need for a U.S.-based lithium-ion battery supply chain, NOVONIX will expand its operations in Chattanooga to produce the high purity and high consistency anode material required for long-life batteries.

NOVONIX plans to purchase and retrofit the former Alstom building, which will be the company’s second facility in Chattanooga. The 400,000+-square-foot plant will accommodate a planned 8,000+-tonne per year production operation and will join the existing operations located at 353 Corporate Place where the company has been since 2019.

Over the last five years, TNECD has supported more than 40 economic development projects in Hamilton County, resulting in 6,100 job commitments and $1.6 billion in capital investment.