Beshear: New facility to create 141 full-time jobs in Simpson County
FRANKFORT, Ky. – A new LioChem e-Materials LLC facility will be located in Simpson County.
Gov. Andy Beshear announced this morning the $104.4 million investment will create 141 jobs in the local area.
A release by Beshear’s office further says the project, located at the Henderson Industrial Park in Franklin, will help support the growing electric vehicle sector throughout Kentucky and the surrounding region. In particular, the facility will assist with electric vehicle battery production.
The governor says this new operation will produce and distribute a liquid dispersion of carbon nanotubes that contributes to the production of more durable, high-capacity and higher-output EV batteries.
The company is a subsidiary of Toyo Ink SC Holdings Co. Ltd. Beshear says LioChem has an annual target of paying an average hourly wage of $29, including benefits across those jobs.
