Yardney & Coda Automotive Announce Plans to Build U.S. Based Battery Production Facility
Lithium-Ion Battery Venture to Create New Manufacturing Jobs
Pawcatuck, CT – June 8, 2009 – Connecticut-based Yardney Technical Products, Inc. and California-based Coda Automotive announced today that they have entered into a joint venture (Coda Battery Systems LLC) to design, manufacture and sell automotive grade, lithium-ion battery power systems in the United States. Coda Battery Systems LLC submitted a proposal under the stimulus grant program to the Department of Energy on May 19 for funding to build manufacturing at a facility in Enfield, CT. The Coda Battery facility expects to employ 600 U.S. workers in manufacturing positions.
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