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Lithium to Move Operations to Chicago, Invest $46M

Boston-based battery manufacturer Lithium Americas Corporation will relocate its U.S. headquarters to Chicago, investing $46 million to support expanded operations.

The company is expected to open its new facility this year in Chicago’s Fulton Market district. Lithium Americas anticipates the Chicago headquarters will house up to 100 employees, including corporate leadership, legal, finance, and engineering teams.

“I am excited to welcome the team at Pure Lithium to our state, where they’ll be an excellent addition to the business landscape and burgeoning clean energy ecosystem,” said Governor JB Pritzker. “Their investment will not only create jobs and economic opportunity for our people but help power the green revolution right here in Illinois.”

With its commitment to investing $46 million and creating 50 new jobs, Pure Lithium will receive Reimagining Energy and Vehicles (REV) incentives as part of an incentive package.

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About Jasmine Kilman

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.