From Changing Gears contributor Dustin Dwyer.
GRAND RAPIDS — Three years ago, the advanced battery industry in the United States existed only in the imagination. Plenty of people believed electric cars would be the next big thing. and they would be powered by lithium ion batteries – the same kind of batteries that are in cell phones and laptops. But in 2008, almost all of the lithium ion batteries in the world were made in Asia.
Randy Thelan, who heads the economic development office in Holland, Mich., a small town on the shores of Lake Michigan, thought that could change. Thelan had heard one his local companies, Johnson Controls might be getting into the battery business.
“It wasn’t like we were making a direct pitch that we knew they were building a factory,” he said. “It was just sort of planting the seed, and suggesting to their leadership, keep Holland in mind as you guys are looking to invest and add to their capacity.”
While Thelan was working his angle for Holland, the state of Michigan was about to make a big commitment to the new future in batteries.
In December 2008, former Mich. Gov. Jennifer Granholm signed a new law to offer up to $335 million in tax incentives for battery companies in Michigan. Within a year, Holland landed that Johnson Controls battery plant.
The next year it landed another one for LG Chem. And now, just down the road in Muskegon, Michigan, another lithium ion battery plant is going up. Thelan estimates these companies and their suppliers will have created about 750 jobs by the end of the year.
“But ultimately, by 2020, we believe this is a 10,000 job, $2 billion opportunity for West Michigan and we’re well on our way,” he said.
Not everyone is on board with those job projections. Continue reading “Magic Bullets: Can Battery Plants Charge Up Midwest Jobs?”