BrightVolt Details BIC Expansion
NEWBERRY - An ultra-thin film battery company is providing more detail on its growth at the Battery Innovation Center in Greene County. BrightVolt Inc. says it plans to add up to 30 jobs at its Newberry operation by 2020. In August, Inside INdiana Business reported on BrightVolt's partnership with the BIC, becoming the first company to set up dedicated space in the hub near Crane Naval Surface Warfare Center.
By the end of the month, the company says it will be full-operational in the BIC and could triple its presence by late next year. Plans call for the developer of flexible lithium battery cells to create five new Indiana positions by year's end. BrightVolt currently employs 20 and says it has sold more than 15 million batteries since its 2001 founding.
Chief Executive Officer Todd Peters says "we're big fans of Indiana - the state has an appealing business climate, available skilled technical people with manufacturing expertise, a strong work ethic and a fantastic location for us to co-locate at the Battery Innovation Center. We believe we can grow and expand our business operations within the state in a way not available to us in most other locations."
BrightVolt technology is used in medical devices, Internet of Things devices, shipping labels, powered cards and wearable electronics.
The Indiana Economic Development Corp., which has offered the company up to $375,000 in conditional tax credits and training grants related to its expansion plans, says the company is headquartered in state of Washington and has additional research and development operations in Florida. The new positions, adds the IEDC, are expected to pay an average wage 50 percent higher than the state average. You can connect to more about the open positions by clicking here and more about the expansion by clicking here.