Rochester, New York — According to state and local economic development sources Li-Cycle Corporation plans to invest $23,300,000.00 to build out 57,000 square feet of new space in Rochester. The company is creating 23 new jobs and, plans to occupy the new space in Rochester, on or about July 1, 2020. According to the company website Li-Cycle is on a mission to leverage its innovative solution to address an emerging and urgent global challenge. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, industrial/utility/residential energy storage, and consumer electronic applications. The world needs improved technology and supply chain innovations to better recycle these batteries, and to meet the rapidly growing demand for critical and scarce battery-grade materials.

To learn more about Li-Cycle Corporation, visit http://li-cycle.com/

Company Contact:
Ajay Kochhar, Chief Executive Officer
https://www.linkedin.com/in/akochhar/
416-583-3509

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved