Battery caps for Chrysler/Stellantis electric vehicles to be manufactured in Allen County
Battery caps for Chrysler/Stellantis electric vehicles to be manufactured in Allen County WANE
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300 New Jobs Expected to be Created with the Opening of SH America’s Electric Vehicle Battery Cap Plant in Allen County
July 2023
Introduction
An estimated 300 new jobs are expected to be created in the middle of next year with the opening of SH America’s electric vehicle (EV) battery cap plant in Allen County. This number may increase by an additional 100 jobs. The facility will serve as a Chrysler parts plant for Samsun SDI, an EV company currently under construction in Kokomo. SH America, headquartered in Seoul, Korea, has purchased a shell building in Roanoke for $11.8 million to establish the plant.
Tax Abatement Approval
The Allen County Council has approved a tax abatement of $3.7 million over a 10-year period for the plant, which will be located in the Stonebridge Business Park III near the intersection of I-69 and I-469.
Investment and Job Creation
SH America plans to invest over $62 million into the plant, which will fabricate caps for EV batteries to enhance their safety features. The company aims to employ around 400 individuals by the end of 2026, with an average salary of $57,000. The annual payroll is projected to exceed $22 million.
The Innovative Cap
The patented cap developed by SH America has venting capability to reduce pressure build-up in EV batteries, making them less likely to ignite. It is important to note that there will be no batteries stored on-site at the plant location.
Supplier Opportunities
According to Rob Young, vice president of business development for The Hagerman Group, there is a need for 20 more suppliers in the area due to the construction of the Samsung SDI plant in Kokomo. SH America is one of the suppliers that will fulfill this demand. Additionally, SH America believes it can attract other EV component suppliers to locate in Allen County, further contributing to the local economy.
SDGs, Targets, and Indicators Analysis
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 8: Decent Work and Economic Growth
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 11: Sustainable Cities and Communities
The article discusses the creation of new jobs and the establishment of a plant for electric vehicle battery caps. This aligns with SDG 8, which focuses on promoting sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all. Additionally, the establishment of the plant contributes to SDG 9, which aims to build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation. The location of the plant in Allen County also relates to SDG 11, which focuses on making cities and human settlements inclusive, safe, resilient, and sustainable.
2. What specific targets under those SDGs can be identified based on the article’s content?
- SDG 8.5: By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value.
- SDG 9.2: Promote inclusive and sustainable industrialization and, by 2030, significantly raise industry’s share of employment and gross domestic product, in line with national circumstances, and double its share in least developed countries.
- SDG 11.2: By 2030, provide access to safe, affordable, accessible, and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities, and older persons.
Based on the article, the specific targets that can be identified are related to achieving full and productive employment (SDG 8.5), promoting sustainable industrialization (SDG 9.2), and providing access to sustainable transport systems (SDG 11.2).
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
- Number of new jobs created
- Investment amount in the plant
- Average salary of employees
- Number of employees by the end of 2026
- Annual payroll amount
The article mentions indicators that can be used to measure progress towards the identified targets. These indicators include the number of new jobs created, the investment amount in the plant, the average salary of employees, the number of employees by the end of 2026, and the annual payroll amount.
SDGs, Targets, and Indicators Table
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 8: Decent Work and Economic Growth | SDG 8.5: By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value. | – Number of new jobs created – Average salary of employees – Annual payroll amount |
| SDG 9: Industry, Innovation, and Infrastructure | SDG 9.2: Promote inclusive and sustainable industrialization and, by 2030, significantly raise industry’s share of employment and gross domestic product, in line with national circumstances, and double its share in least developed countries. | – Investment amount in the plant |
| SDG 11: Sustainable Cities and Communities | SDG 11.2: By 2030, provide access to safe, affordable, accessible, and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities, and older persons. | – N/A |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: wane.com
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