International Battery with headquarters in Oakland, N.J. is opening a lithium battery manufacturing plant in Pennsylvania. The company was able to finance this expansion with state incentives of $500,000 in job creation tax credits, $500,000 in grants and a $3 million loan for equipment and machinery.
International Battery is a “green technology” company focused on Lithium-ion rechargeable cells and batteries used in industrial and military applications. Visit their website at http://www.internationalbatteryinc.com/