EnerSys

EnerSys plans to expand its Thin Plate Pure Lead (TPPL) capacity over three years with over $100 million in additional capital spending, aiming for a 15% capacity increase and over $500 million in annual TPPL capacity. It also plans to commercialize GreenSeal Bi-Polar battery technology licensed from Advanced Battery Concepts.

EnerSys announced an agreement to acquire Alpha Technologies for $750 million, consisting of $650 million in cash and $100 million in cash or shares. Alpha, based in Bellingham, Washington, provides energy solutions for broadband, telecom, and energy storage, with $591 million in annual revenue.

EnerSys invested $6.4 million to expand and upgrade its battery manufacturing facilities in Horsham, Pennsylvania and Tampa, Florida, including automated production line expansions and equipment upgrades.

EnerSys signed a four-year supply agreement with Navistar to supply ODYSSEY AGM batteries for International-branded trucks and aftermarket replacement batteries sold by International Truck dealers.

EnerSys was awarded a long-term contract valued at over $71 million by the U.S. Defense Logistics Agency for production and supply of Hawker ARMASAFE Plus batteries for combat and tactical vehicles and generators. The contract is for three years with an option for two additional years.