INDUSTRY: Advanced Manufacturing + Automotive and Batteries
Services: Site Selection + Incentives
Location: Sidney, Ohio
Capital Investment
New Jobs
SEMCORP Advanced Materials Group, publicly traded as Yunnan Energy New Material Co. Ltd., is the largest lithium-ion battery separator film supplier in the world. Its separator film products are a key component of lithium-ion batteries used in electric vehicles, energy storage, and consumer electronics applications. SEMCORP specializes in wet-process separator film, and with more than 100 products (both base and coated film), it offers the broadest selection of battery separator film products in the market. SEMCORP was established in 1996 and is headquartered in Shanghai, China.
Global Location Strategies was commissioned by SEMCORP, a Chinese advanced materials manufacturer, to identify a location for its first North American facility. The project required large utility and labor demands, as well as a comprehensive search region – spanning from New York to Texas.
Considering SEMCORP’s project requirements and vast search region, GLS evaluated 61 sites across eight states, considering quality and cost metrics vital to the project’s long-term success. Finalist sites were also evaluated on local experience working with Chinese companies.
GLS negotiated and secured economic incentives on behalf of the company.
In 2022, SEMCORP announced its selection of Sidney, Ohio for its $916 million manufacturing facility, creating 1,200 jobs. The facility will make separator film, a key component in batteries for electric vehicles (EVs). SEMCORP’s products will be used by leading EV battery makers across North America. The investment, one of the largest in the company’s history, is SEMCORP’s first in North America.
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