Lithium-Ion battery pouch manufacturer building plant in Davidson County

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Image from the DNP website

North Carolina Construction News staff writer

Dai Nippon Printing Co., Ltd. (DNP), a lithium-ion battery pouch manufacturer, will build a $233 million advanced manufacturing facility in the City of Linwood.

“My meeting with DNP in Tokyo last month was productive and I’m grateful they are building their EV battery pouch manufacturing facility in North Carolina which is yet another sign of our growing clean energy economy,” NC Gov. Roy Cooper said in a statement. “We welcome them to Davidson County where we know they will find a world-class workforce and an excellent quality of life to support their new operation.”

DNP, founded in 1876, is one of the world’s leading printing companies. Utilizing print-based core technologies, it operates in various business fields. Particularly in the field of battery pouches for lithium-ion batteries, it has achieved the world’s top market share.

The company manufactures lithium-ion battery pouches for electric vehicles. The durable yet soft, flexible plastic packaging material will encase and protect EV battery cells. DNP has developed and produced packaging for smartphones, tablets, and laptops for more than three decades, providing lighter and lower profile pouches that resist heat and vibrations, protect from water, extend battery life, and increase fuel efficiency.

“From the east to the west, North Carolina’s electric vehicle industry is growing exponentially,” said N.C. Commerce Secretary Machelle Baker Sanders. “Our natural resources and our reputation for highly skilled talent and strong transportation infrastructure, continue to attract global leaders, like DNP, that share our commitment to sustainability.”

DNP’s project will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee earlier today. Over the course of the 12-year term of this grant, the project is estimated to grow the state’s economy by $691 million.

“This is outstanding news for Davidson County and the entire state of North Carolina,” said N.C. Senator Steve Jarvis. “This multimillion-dollar investment and new jobs will positively impact our region and we stand ready to support this next phase of growth for the company.”

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