Hopkinsville, Kentucky — According to state and local economic development sources Ascend Elements plans to invest $310,000,000.00 to build out 450,000 square feet of new space in Hopkinsville. The company plans to occupy the new space in Hopkinsville, on or about May 1, 2024. According to the company website Based in Westborough, Mass., Ascend Elements is revolutionizing the production of lithium-ion battery materials by establishing a clean and sustainable supply chain using recycled feedstock. Its patented Hydro-to-Cathode technology directly synthesizes new cathode active materials from spent lithium-ion cells more efficiently than traditional methods, resulting in reduced cost, improved performance, and lowered GHG emissions. The results are lower cost, better performance batteries with fewer discarded in landfill, a cleaner manufacturing process, and a truly sustainable closed-loop circular battery economy. Ascend Elements is taking the lithium-ion battery industry to a higher level.

To learn more about Ascend Elements, visit http://ascendelements.com/

Company Contact:
Michael OKronley, Chief Executive Officer
mokronley@ascendelements.com
https://www.linkedin.com/in/mike-o-kronley-32173715/
508-936-7701

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