Xerion Advanced Battery Corp.’s CEO said his company is considering spending more than $50 million on manufacturing operations at his company’s Miami Valley Research Park location in Kettering.
The company opened its Kettering facility last November. Since then, the company has slowly grown the facility with a “phased move-in,” Chief Executive John Busbee said in a recent interview.
A producer of what it touts as a quick-charging battery material, Xerion moved to Kettering from Illinois last year, and city officials hope the business will eventually create 52 full-time jobs. Kettering authorized up to $225,000 in grant funding for Xerion to help the move.
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