# NOVONIX to expand Chattanooga anode material plant with $160M investment

NOVONIX will expand its Chattanooga, Tennessee operations by purchasing and retrofitting a former Alstom building to produce anode material for lithium-ion batteries. The project represents an investment of approximately $160 million and will create 290 new jobs.

- Type: Expansion
- Announced: 2021-06-22
- Where: Chattanooga, Tennessee, United States
- Value: $160.0M
- Jobs: 290
- Status: announced
- Capacity: 8,000+ tonnes per year
- Products: anode material for lithium-ion batteries
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [NOVONIX](https://endata.com/companies/55965.md)

## Sources

- [tn.gov](https://www.tn.gov/ecd/news/2021/6/22/governor-lee--commissioner-rolfe-announce-novonix-to-expand-chattanooga-manufacturing-operations.html), 2021-06-22: "NOVONIX will expand its operations in Chattanooga to produce the high purity and high consistency anode material required for long-life batteries."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.