Saft Inaugurates Lithium-Ion Battery Factory in 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.

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