$114 Million Lithium-Ion Battery R&D Complex Under Development in Johnson City
A $114 million investment is underway to transform a former newspaper printing facility in Johnson City into a lithium-ion battery research and development complex. The project, part of the Battery NY initiative, is expected to yield its first sample battery cells by late 2026.
Theia Market Signal Identification - AI Assisted
The Johnson City lithium-ion battery research complex, part of the Battery NY initiative, is backed by $114 million from federal and state funds. Originally built as a newspaper printing plant, the facility has been repurposed following its closure in 2018 and a failed hemp processing plan.
Binghamton University Foundation purchased the site for $4.5 million, which previously served as a mass vaccination center during the Covid-19 pandemic. Procon Contracting is currently installing security fencing as part of a $585,000 contract.
Completion of the center is set for September, with the first battery cells expected to be produced by the end of 2026. This project may enhance regional innovation in battery technology and impact local economic development.
Comments