The Kansas City Area Development Council announced that Cnano Technology USA, an international company focused on engineered nano-carbon products used in energy storage applications, plans to invest $94.7 million in a 333,000-square-foot manufacturing facility at the New Century Commerce Center in New Century, Kansas.
The new facility is expected to create 112 jobs with a payroll of $7.1 million. Cnano will use the facility to create liquid conductive paste, a component used for electronic applications, including batteries for electric vehicles, cell phones, and power tools.
Cnano’s new facility will be located in a Class-A spec building in the Commerce Center, which was developed in an 850-acre public-private partnership, publicly by Johnson County Government and the Johnson County Airport Commission, privately by VanTrust Real Estate and marketed by CBRE. Newmark Zimmer represented Cnano in their site search.
The Kansas City region continues to see massive industrial growth, particularly in the area of electric vehicle development.
Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories.
With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.