Amprius' State-Of-The-Art Gigawatt-Hour Scale Factory In Colorado Passes Major Milestone
Portfolio Pulse from Benzinga Newsdesk
Amprius Technologies (NYSE:AMPX) has received approval from the Brighton City Council to rezone a 103-acre site for its next-generation lithium-ion battery manufacturing. The company plans to transform Colorado's largest single-story industrial building into a state-of-the-art lithium-ion battery manufacturing facility. The factory is expected to increase Amprius' manufacturing capacity, with an initial 500 MWh and the potential of up to 5 GWh. The company plans to create over 300 new local jobs and invest $190M in Phase 1.
September 28, 2023 | 12:36 pm
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Amprius Technologies has received approval to rezone a site for its next-generation lithium-ion battery manufacturing. This is expected to increase the company's manufacturing capacity and create over 300 new jobs.
The approval to rezone the site for Amprius' next-generation lithium-ion battery manufacturing is a significant milestone for the company. It will allow Amprius to increase its manufacturing capacity, which could lead to increased revenues in the future. Additionally, the creation of over 300 new jobs could boost the local economy, which could further enhance the company's reputation and brand image.
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