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Items Tagged with 'LG Chem'
An auto supplier will pay the United States $1,231,319 to resolve allegations it improperly used a federal grant for manufacturing at the lakeshore, according to U.S. Attorney Patrick A. Miles, Jr. in Grand Rapids. Read More
An advanced battery maker said it plans to launch commercial production of automotive lithium-ion battery cells in Holland in July. Read More
LG Chem Michigan Inc. has returned $842,189 to the U.S. Department of Energy for what the DOE calls “questionable labor costs incurred in the third quarter” at the Holland plant. A division of LG Chem of Korea, the company received a stimulus grant to make advanced batteries for electric vehicles, but did not begin production last year as planned. Read More
Production at Holland plant on hold due to lower demand for GM's Volt.
State and local investment incentives that were offered two years ago to LG Chem Michigan to manufacture batteries for electric vehicles in Holland are still valid, although the new plant has not begun production yet and the company cannot state when it will. Read More
The company confirms almost 200 employees are on 'rolling furlough.'
LG Chem Michigan Inc., which had planned to start production of lithium-ion battery cells in its new Holland plant this year for electric vehicles, has confirmed it is not in operation and that it has been “extending and expanding rolling furloughs” of employees since late August. Read More