Valence Battery Plant Headed to Leander, 4,000 Jobs Forecasted

In big Economic Development news for the Austin area, Valence Technology a manufacturer of advanced batteries has announced plans to open a new manufacturing plant in Leander with a forecast of adding 4,000 jobs.  What does this mean for Austin Real Estate ?  Keep in mind job growth fuels new home construction which fuels the need for more office space, retail space and industrial space.  Great news for Central Texas!  Read on…

Valence to Open Leander Plant, add 4,000 jobs
Valence Technology plans to create 4,000 jobs with the operation of a new plant in Leander.
May 27, 2009, News 8 Austin Top Stories

Valence seeks Federal Money to build Battery Plant
Valence Technology Inc. said it has applied for $225 million in federal stimulus money to help pay for an advanced battery plant that would be built in Leander.
May 27, 2009, Austin American Statesman Business Blog

Valence to Leander for Battery Plant
Austin-based battery manufacturer Valence Technology Inc. said Wednesday that it has applied for $225 million in federal stimulus money to help pay for an advanced battery plant that would be built in Leander.
May 27, 2009, Austin American Statesman

Stimulus Money to bring Leander jobs
Valence Technology applied for a federal grant to build a production facility in Leander, Texas. There is potential for 4,000 new jobs by 2016 if this plant opens.
May 27, 2009, KXAN TV News

Valence wants to build Major Plant in Leander
Austin-based Valence Technology Inc. has submitted a grant application to the U.S. Department of Energy with plans to build a manufacturing facility in Leander.
May 27, 2009, Austin Business Journal

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