Work Begins on $300 Million Battery Factory in South Carolina
WALTERBORO, SC—Pomega Energy Storage Technologies, a subsidiary of Kontrolmatik Technologies, will build its first U.S. assembly plant here. The $279 million project is expected to create 575 jobs.
The 500,000-square-foot factory will make lithium iron phosphate batteries for grid-scale energy storage projects. Operations are scheduled to begin in 2024.