ICL Manufacturing Expanding into North St. Louis

ICL Manufacturing Expanding into North St. Louis
November 20, 2024 Jasmine Thomas
Screenshot of KMOV news story on battery company expansion

This article was published by KMOV on November 19, 2024.


The ICL Group LTD already operates in South City and announced Tuesday plans to expand into north St. Louis with a state-of-the-art, more than $500 million facility on Carrie Avenue along the North Riverfront. The St. Louis Development Corporation’s Planned Industrial Expansion Authority approved a tax abatement for ICL.

“We commend ICL on its commitment to expanding in the City of St. Louis,” said Neal Richardson, President & CEO of St. Louis Development Corporation (SLDC). “In addition to the 150 new full-time, well-paying manufacturing, maintenance and support jobs that will be created by ICL’s half-billion dollar investment in North City, construction of the new facility will bring more than 1,000 construction jobs over a two-year period, having a positive impact on St. Louis area contractors, diverse/minority suppliers and the entire region.”

The company specializes in producing lithium components for electric vehicle batteries. The expansion will create 150 new advanced manufacturing jobs with average salaries nearing $90,000 a year. This is part of a push to bring equitable growth to underserved neighborhoods in the City of St. Louis.

 

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