Cathode active materials producer to create 230 new jobs in Madison County, with a total investment of $200+ million
Nashville – 6K Energy officials announced today the company will invest in a full-scale PlusCAM battery material manufacturing plant in Jackson, Tennessee. 6K Energy will invest $166 million in the plant for construction and equipment, expanding to $250 million in future phases. The company will also use its recently announced $50 million U.S. Department of Energy (DOE) grant opportunity for the factory placing the initial combined investment over $200 million.
“Choosing the right fit for our first PlusCAM production facility is critical in our mission to be the leading domestic supplier of cathode material in the U.S. Not only did Jackson meet our requirements for critical items, such as energy cost and site readiness, but the teams at the state, county and town levels went above and beyond to ensure we will be successful building our plant,” said Sam Trinch, president of 6K Energy. “We’re excited to break ground and continue moving forward, in lockstep with Tennessee, to achieve our mission.”
6K Energy, the cathode materials production division of 6K Inc., will create 230 new jobs in Madison County to support operations at the new manufacturing plant. 6K Energy’s PlusCAM factory will be the world’s first UniMelt plasma cathode plant, providing low cost, ultra-sustainable production of battery material for localized supply chains in the U.S.
Founded in 2014 and headquartered in North Andover, Massachusetts, 6K uses microwave plasma technology to develop advanced materials for industries, including electric vehicle manufacturing, renewable energy, aerospace and consumer electronics. With the addition of the Jackson facility, 6K will employ nearly 500 people across its operations in Massachusetts, Pennsylvania and Tennessee.
“Tennessee is at the center of the automotive industry, thanks to our unmatched business climate and skilled workforce,” said Governor Bill Lee. “I thank 6K Energy for investing more than $200 million in Jackson and creating 230 new jobs to provide greater opportunity for Tennessee families across Madison County.”
