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MegadealsSubsidy Tracker Individual Entry
Company: Anovion LLC
Parent Company:
Subsidy Source: federal
Project Description: Anovion, with its partners, collaborators and stakeholders, will build 35,000 tons per annum of new synthetic graphite anode material capacity for lithium-ion batteries used in electric vehicles and critical energy storage applications. This U.S.-owned and operated, state-of-the-art manufacturing plant in northern Alabama will be the first of its size in North America. Anovions selected site has critical infrastructure in place that will allow for an accelerated timeline for the construction of the facility. This project will expand Anovions existing manufacturing capacity in Sanborn, NY notably the only qualified U. S. source of battery-grade synthetic graphite commercially shipping product today creating over 300 high-quality clean energy jobs in communities impacted by offshoring.
Year: 2022
Subsidy Value: $117,000,000
Program Name: Bipartisan Infrastructure Law: Battery Materials Processing and Battery Manufacturing & Recycling Funding
Awarding Agency: Department of Energy
Type of Subsidy: federal grant
Number of Jobs or Training Slots: 300
Capital Investment: $294,000,000
Source of Data:
(click here)
Notes: Year is year of award announcement. Subsidy value is federal portion of project cost. Jobs are new jobs to be created.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.