Axion Power has moved its operations base for the design, manufacture and sale of products based on its lead-carbon (PbC) technology from Toronto, Canada to New Castle, Penn. Advantages of the technology include: reduced lead requirements; higher power delivery rates; faster recharge rates; and longer life cycles than conventional batteries.
“The resources being presented to us today are yet another step in Axion’s march toward the energy storage markets of the world,” Axion Chief Executive Officer Thomas Granville said. “The Pennsylvania grants allow us to accelerate our process schedules and obtain automated, continuous-run equipment, ahead of schedule. The funding also allows us to expand our adjunct standard and niche market lead-acid battery business and, in the process, create additional job opportunities in Lawrence County.”