Daejin Advanced Materials USA, Inc. plans to establish operations in Adrian that will allow it to further develop and produce materials that support Electric Vehicle battery cells. The company plans a capital investment of $12.,3 million and the creation of 111 new jobs.
Daejin Advanced Materials USA, Inc.a subsidiary of South Korean firm Daejin Advanced Materials, was established in 2019 to research and manufacture special polymers for batteries. The company is heavily involved in the growing electric vehicle market and will be supporting R&D for multiple customers in the North American market.
The project will bring immediate advanced manufacturing jobs to the area and further boosts Michigan’s expertise within the advanced battery and electric vehicle industry. In addition, the project represents the company’s first location in North America and will allow the company to support future developments and expansions. The project was supported by a $500,000 Michigan Business Development Program performance-based grant.
“We are incredibly excited to see new electric vehicle related projects realize the benefits of a Lenawee County facility,” said Lenawee Now Executive Director Jim Van Doren.“ “We heartily welcome Daejin Advanced Materials to our community and Lenawee Now is offering the local support for this project by providing Daejin Advanced Materials with assistance in recruiting their staff by promoting the job openings through all of our social media platforms and hosting job fairs in conjunction with Michigan Works Southeast.”
Michigan was chosen for the project over competing sites in Ohio and Tennessee.