$1.5 Billion Battery Component Plant Coming to Terra Haute

Oregon-based Entek has plans to invest $1.5 billion to build a new battery component manufacturing campus in Terre Haute, Indiana. Four buildings totaling 1.4 million square feet will add roughly 650 new jobs.

“Entek CEO Larry Keith emphasized the education component in an interview with IIB last week. Bennett said having schools like Indiana State University, Ivy Tech Community College, and Rose-Hulman Institute of Technology, among others, nearby will benefit the city as well as the company. “There’s always the conversations about, ‘How do you keep college kids in a community?’ Well, here’s an opportunity for 642 jobs; their wages are going to be about $71,000 a year. It’ll give us a chance to keep some of those kids here when they do graduate.”

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