Near West Side ventures seed growth in Chicago manufacturing
There’s this weird thing about the entrepreneurial spirit and trying to create jobs from a new idea: It takes intense work and focus but also patience, qualities hard to find in equal measure.
On the Near West Side, within blocks of each other, are examples of two such operations seeing results from its investments of labor, thought and capital. They will be part of an innovation economy taking root in what was Chicago’s old meatpacking and produce district.
Startup battery manufacturing facility comes to West Loop
Battery startup NanoGraf has cut the ribbon on its new manufacturing facility in Chicago’s West Loop.
Bloomberg Markets: The Close 12/06/23
NanoGraf CEO Francis Wang speaks with Bloomberg TV about NanoGraf’s work and recent ribbon-cutting.
NanoGraf gets $8 million from U.S. Army to ramp up production for batteries
After opening a 17,000-square-foot manufacturing facility in the West Loop last week, battery tech startup NanoGraf is going deeper in its relationship with one of its more loyal customers. The Chicago tech startup this week received an $8 million contract from the U.S. Army intended to help the company scale production at its new facility.
How NanoGraf's new factory positions Chicago to be a battery capital for the US
NanoGraf Corp. is ready to make Chicago a battery capital for the entire United States. The Chicago-headquartered battery startup held a ribbon-cutting Friday for its new 17,000-square-foot manufacturing facility in the West Loop.
Battery Startup Opens Chicago Plant as US Seeks to Curb Reliance on China
A startup specializing in high-performance batteries is close to starting operations at a facility near Chicago’s central business district that will help power devices such as night-vision headsets and radios for the US military.
Illinois’ success in landing an EV battery plant came from defeat
Illinois’ success in landing an electric vehicle battery plant came from defeat.
Nearly a year before China’s Gotion Hi-Tech chose Manteno for a $2 billion battery assembly plant, it picked Michigan for a similar factory. Gov. J.B. Pritzker set about persuading lawmakers to authorize a $400 million deal-closing fund and extend the state’s incentives, primarily payroll-tax credits, to last as long as 30 years. The legislation passed in December and January.