Sub Markets

Property Sectors

Topics

Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Atlanta & Southeast  + Carolinas  + Industrial  | 
Kontrolmatik Technologies has chosen Colleton County as the location for a $279-million lithium-ion battery factory.

Kontrolmatik Technologies Selects Colleton County for $279M Lithium-Ion Battery Factory

Energy-storage company Kontrolmatik Technologies has chosen Colleton County, located in the I-95-straddling Lowcountry region of SC, for its first US-based lithium-ion battery factory.

Pomega Energy Storage Technologies, a subsidiary of Kontrolmatik, will lead the factory project and manufacture the batteries. Kontrolmatik/Pomega will make a $279-million investment in the project and plan to employ 575 people when the plant is fully operational.

Keith Stauber and Meredith O’Connor of JLL, a real estate and investment management professional services firm, led the national site selection process. The JLL team analyzed over 200 sites to identify locations with both a robust and capable workforce as well as the utility providers with the necessary infrastructure to provide the significant amount of power needed for the factory.

The factory, which is expected to open in 2024, will have a 3 gigawatt-hour (GWh) capacity and will help address domestic reliance on foreign supply chains in the lithium-ion battery market. Kontrolmatik’s utility-scale batteries are used for utility, grid, and industrial-scale energy storage applications.

Read More News Stories About: JLL
Connect

Inside The Story

JLL's Stauber

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Development
New call-to-action