SEMCORP to Invest $916 Million to Produce Critical Lithium-ion Battery Component in Sidney, Expanding Ohio’s Electric Vehicle Supply Chain
Dayton Development Coalition
SEMCORP Advanced Materials Group announced it will establish a manufacturing facility in Sidney, Ohio, creating nearly 1,200 jobs with $73 million in annual payroll and $916 million in capital investment.
The facility will make separator film, a key component in batteries for electric vehicles (EVs). SEMCORP’s products will be used by leading EV battery makers across North America.
“The Sidney facility is one of the biggest investments in our company’s history because we know the United States is strongly committed to building the supply chains for EVs and energy storage here at home,” said Paul Lee, SEMCORP’s Co-Founder, Chairman and CEO. “Our Sidney site will be America’s largest manufacturer of separator film for EV batteries. We look forward to working hand-in-hand with state and local leaders to make the large-scale domestic production of this component a reality.”
“SEMCORP chose the Sidney location because of the state’s impressive commitment to vocational education, preparedness for a large-scale project like ours, the strong work ethic in the region, and proximity to key customers,” said James Shih, SEMCORP’s Group Vice President of Global Projects. “We’re thrilled to call Sidney home, and we’re going to do all that we can to earn the trust of the local community.”
No batteries will be made by SEMCORP, and there is no lithium used in the manufacturing process for separator film. There will be no lithium mining at the site as there are no lithium deposits in or near Ohio. In addition to EVs, lithium-ion batteries safely power a wide range of consumer products such as cell phones and computers. SEMCORP is committed to operating the facility in compliance with all relevant environmental and safety standards, Shih said.
SEMCORP is currently the largest lithium-ion battery separator film producer in the world with five billion square meters in annual base film production capacity across six manufacturing facilities. The company plans to add an additional eight billion square meters in capacity within the next four years, including the Sidney site, with the primary objective of serving the booming EV market.
“SEMCORP’s advanced battery separator film will help propel Ohio to the forefront of the electric vehicle industry,” said J.P. Nauseef, JobsOhio president and CEO. “Our team of professionals, including the Dayton Development Coalition, the Sidney-Shelby Economic Partnership, the City of Sidney and Shelby County, worked tirelessly to demonstrate why Ohio is the best location for this investment.”
The facility will be located at Sidney Ohio Industrial Park at Millcreek and Kuther Road, a site authenticated by JobsOhio’s SiteOhio program in 2021. The site has been flagged for major industrial development since 2016. The authenticated site status ensures the site is free of any detriments that may slow or stop development. The 850,000-square-foot facility represents the largest foreign direct investment in Ohio.
“We’re thrilled to welcome SEMCORP to the Dayton region. Their decision to manufacture in Sidney advances Ohio’s efforts to develop a robust ecosystem for electric vehicles,” Dayton Development Coalition President and CEO Jeff Hoagland said. “The fast-growing market for electric automobiles and aircraft represents an incredible opportunity for the Dayton region to remain competitive in the changing manufacturing economy and provide opportunities for our skilled manufacturing workforce.”
Governor’s Office Announces First Projects Funded Through New Appalachian Community Grant Program
On March 20, 2023, the Ohio Department of Development issued this statement announcing the first major development projects that will be implemented with funding from Ohio’s $500 million Appalachian Community Grant Program.read more
Progress Update for MLK & Reading Road Redevelopment
Recently, Uptown Consortium, Inc. (UCI) shared an update on how 2022 was a year of working together to create a 21st-century urban district. UCI is pleased to share the latest update on how efforts at the MLK & Reading Road Redevelopment Area in the Cincinnati Innovation District (CID) continue to be the driving force behind the revitalization of the area.read more
Crawford County Announces Available Federal Grant Funding
The Crawford County Commissioners announced today that they are seeking project proposals for community infrastructure and facilities for Community Development Block Grant (CDBG) funding. The Commissioners have selected the Crawford Partnership to facilitate the process, and information will be made available at public hearings, in-person and virtual community meetings, and council meetings, and online at buildcrawford.org.read more