Piquette Avenue – US Advanced Manufacturing Center, US

1st March 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

Font size: - +

Name of the Project
Piquette Avenue – US Advanced Manufacturing Center.

Location
Michigan, in the US.

Project Owner/s
Fortescue.

Project Description
The proposed manufacturing centre will become a major hub for Fortescue’s production of automotive and heavy industry batteries, hydrogen generators, fast chargers and electrolysers.

The new manufacturing centre is expected to directly benefit from the US Inflation Reduction Act tax credits for battery modules of up to $10/kWh.

Potential Job Creation
The facility has the potential to create up to 600 jobs in its first phase.

Capital Expenditure
$35-million.

Planned Start/End Date
Production is expected to start in 2025.

Latest Developments
Not stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Fortescue communications, email media@fortescue.com; or email investor relations, tel +61 8 9230 1647 or email investors@fortescue.com.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION