Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Kentucky's Ascend Elements Inc. to build plant, will create 250 jobs By: FOX Business August 02, 2022 at 12:41 PM EDT Ascend Elements Inc. is investing in their Kentucky plant. The company will create 250 full-time jobs with the $310 million investment, Ascend Elements Inc. will invest $310 million in a new Kentucky plant, creating 250 full-time jobs in Christian County.Ascend produces advanced, sustainable battery materials from recycled lithium-ion batteries. The plant will produce enough recycled battery precursor and sustainable cathode active materials to equip up to 250,000 electric vehicles annually, Gov. Andy Beshear's office said Monday.There is potential to increase to $1 billion in investment and a total of 400 full-time jobs with later phases, which would be the Westborough, Massachusetts-based company's largest U.S. operation.ELECTRIC CAR SURVEY FINDS THIS AS THE BIGGEST REASON PREVENTING PEOPLE FROM BUYING THEMThe state approved a 15-year incentive agreement that can provide up to $7.5 million in tax incentives and additionally approved up to $2 million in sales and use tax incentives.I RENTED AN ELECTRIC CAR FOR A 4-DAY ROAD TRIP. I SPENT MORE TIME CHARGING IT THAN I DID SLEEPING.The 450,000-square-foot facility will be on 140 acres in Hopkinsville's Commerce Park II. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Kentucky's Ascend Elements Inc. to build plant, will create 250 jobs By: FOX Business August 02, 2022 at 12:41 PM EDT Ascend Elements Inc. is investing in their Kentucky plant. The company will create 250 full-time jobs with the $310 million investment, Ascend Elements Inc. will invest $310 million in a new Kentucky plant, creating 250 full-time jobs in Christian County.Ascend produces advanced, sustainable battery materials from recycled lithium-ion batteries. The plant will produce enough recycled battery precursor and sustainable cathode active materials to equip up to 250,000 electric vehicles annually, Gov. Andy Beshear's office said Monday.There is potential to increase to $1 billion in investment and a total of 400 full-time jobs with later phases, which would be the Westborough, Massachusetts-based company's largest U.S. operation.ELECTRIC CAR SURVEY FINDS THIS AS THE BIGGEST REASON PREVENTING PEOPLE FROM BUYING THEMThe state approved a 15-year incentive agreement that can provide up to $7.5 million in tax incentives and additionally approved up to $2 million in sales and use tax incentives.I RENTED AN ELECTRIC CAR FOR A 4-DAY ROAD TRIP. I SPENT MORE TIME CHARGING IT THAN I DID SLEEPING.The 450,000-square-foot facility will be on 140 acres in Hopkinsville's Commerce Park II.
