Friday, October 16, 2009
National Alliance Considering Loan For Ky. Plant
The National Alliance for Advanced Transportation Batteries says its members, including Procter & Gamble, Duracell and 3M, are still interested in pursuing a proposed project to build a $600 million facility in Hardin County to produce lithium-ion batteries. The consortium put forward $100 million for the project and applied for $300 million from the U.S. Department of Energy, but, in August, the project failed to win a grant for construction. Now, National Alliance officials are considering pursuing a loan under the Advanced Technology Vehicles Manufacturing Program administered by the Energy Department.
# posted by Homer Owens @ 3:25 PM 
