Global and Local Expansion of Operations Announced by K2 Energy Systems for 2012
K2 Energy Solutions, Inc. (K2 Energy), a privately held US developer of rechargeable lithium ion battery cells, modules, packs and systems announced the ongoing expansion of its US and foreign operations.
In the fourth quarter of 2011, K2 Energy began a significant expansion of its research, development and manufacturing facilities driven by wide acceptance of its lithium iron phosphate (LFP) storage, military and mobility products. A key driver of K2 Energy’s power mobility business is growth in orders for military, zero idle, and utility applications for which the company’s technology is uniquely suited.
To fulfill the demand, K2 Energy is expanding its US footprint located in Henderson, Nevada and expects continued work force growth through 2012 that will complement the approximately 30% increase in staff already experienced during 2011. "It is very satisfying that we have been able to bring highly technical engineering and manufacturing positions to one of the most distressed job markets in the Country," noted Stewart Graham, Director of Operations and co-founder of K2 Energy.
The company has also acquired land rights in Suzhou Industrial Park, one of China’s best high technology development zones, and held ground breaking for the first phase of K2 Energy’s manufacturing expansion.
K2 Energy is working with state and local officials to bring an even larger battery production facility to Henderson, Nevada to take advantage of the unique opportunities available in the area, including the growing concentration of clean energy technology companies and a skilled workforce. "We will work throughout 2012 to identify the location and continue the development process which, once completed, will bring hundreds of much needed manufacturing and engineering jobs to Southern Nevada in addition to architectural, construction and related trade jobs," concluded Mr. Graham.
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