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    lithium investing

    Saft Inaugurates Lithium-Ion Battery Factory in Florida

    Investing News Network
    Sep. 19, 2011 07:12PM PST
    Battery Metals

    Brighter Energy reported that industrial battery manufacturer, Saft (NASDAQ:SAFT) has recently inaugurated a new lithium-ion battery factory in Jacksonville, Florida.

    Brighter Energy reported that industrial battery manufacturer, Saft (NASDAQ:SAFT) has recently inaugurated a new lithium-ion battery factory in Jacksonville, Florida.

    The market news is quoted as saying:

    The company said its high-volume, state-of-the-art production facility would be dedicated to building advanced lithium-ion cells and batteries for energy storage for renewable energy, smart grid support, broadband back-up power, transportation and defense.
    Saft said it was expecting $300 million in annual sales from the Saft Jacksonville facility to meet growing customer demand for high performance, competitive energy storage solutions in the new-energy economy.

    Click here to access the entire news

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