Published in Breaking News

LG Chem to expand Holland facility

BY MiBiz Staff Wednesday, February 15, 2017 01:17pm

HOLLAND — In another step in a series of hiring sprees, LG Chem Michigan Inc. announced today an expansion project that could yield upward of 150 new jobs at its headquarters in Holland.

The manufacturer of lithium ion battery cells will begin construction of the 100,000-square-foot expansion in March and expects the project to conclude in August 2017, according to a statement. The company did not share how much it invested in the project.

LG Chem plans to use the expansion to house several battery pack assembly lines.

The company manufactures battery cells for the Chrysler Pacifica hybrid, Chevrolet Volt and other vehicles.

Since 2015, LG Chem has been on a hiring spree, adding approximately 240 workers over two years, as reported previously by MiBiz. The company also invested $25 million in a similar expansion project in 2015.

For LG Chem’s leadership, the expansions and hiring spree signals growing strength in a bet on electric vehicle technology.

“The demand for our battery packs and cells continues to grow with the electrification of vehicles,” President Nick Kassanos said in a statement. “We’re excited to keep expanding our facility and our team to maintain our leadership in this thriving industry.”

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