Eos Energy Enterprises receives $303.5M loan to support 2 battery manufacturing plants in Pennsylvania
The U.S. Department of Energy (DOE) has finalized a $303.5 million loan guarantee to Eos Energy Enterprises, Inc. (Eos). The loan, which is comprised of $277.5 million of principal and $26 million of capitalized interest, will be used to finance the construction of two production lines that will produce enough stationary batteries per year to meet the annual electricity needs of approximately 130,000 homes. The production lines will be located in Turtle Creek, Pennsylvania, and will produce Eos Z3 utility- and industrial-scale zinc-bromine battery energy storage systems (BESS). Two additional lines in Duquesne, Pennsylvania, may also be included as part of the loan guarantee. By 2027, the four new lines are expected to manufacture 8 GWh of storage capacity annually and generate 1,000 new jobs for the surrounding area.
What people are saying
In a recent quote, U.S. Secretary of Energy Jennfier M. Granholm said, “The Biden-Harris Administration has successfully implemented a new economic playbook that has boosted America’s competitive standing on the world stage as an innovation leader in the cutting-edge technologies of the future. Today’s announcement will bolster the nation’s energy security while ensuring President Biden’s manufacturing boom continues to deliver for generations to come.”
Manufacturers investing in Pennsylvania
Mitsubishi invests $86M to build advanced switchgear factory in Pennsylvania
The 160,000-square-foot facility will focus on the production of both vacuum and gas circuit breakers.
Hitachi Energy invests $155M into 3 manufacturing facilities in Mexico, Virginia, and Pennsylvania
The three projects will create 350 new jobs in Reynosa, 100 new jobs in South Boston, and 100 new jobs in Mount Pleasant.
Victaulic invests $100 million to expand manufacturing foundry in Pennsylvania
This additional space will be used to house new molding lines, melt furnaces, core machines, and automated finishing and paint equipment.
DOE in the news
Blueprint details how to make the U.S. industrial sector cleaner and more competitive
The document is designed to enable greater coordination to enhance a clean and competitive industrial sector.
DOE invests $5M to create lithium-battery manufacturing workforce initiative
The program will bring together manufacturing companies, organized labor, and training providers to build a foundation for a broad national workforce strategy.
MetOx receives $80M to build HTS wire manufacturing plant in the southeastern U.S.
"Project Arch not only represents a transformative milestone for our company, but it establishes the U.S. as a true leader in HTS technology."
Investing in American manufacturing in 2024
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
About the Author
Alexis GajewskiAlexis Gajewski
Senior Content Strategist
Alexis Gajewski is a manufacturing writer and editor with nearly 20 years of experience covering the people, practices, and technologies that keep industrial facilities running. For more than a decade, she served as Senior Content Strategist for Plant Services, creating content for plant managers, engineers, and maintenance professionals on a variety of industrial topics.
During her tenure, Alexis worked to develop the brand’s digital strategy and helped launch and produce Great Question: A Manufacturing Podcast. She also created The Lighter Side of Manufacturing, a weekly blog that explored the inventive and sometimes humorous side of the industry.
Alexis co-founded Influential Women in Manufacturing, a recognition program that honored 49 women in its first two years, earned an industry award for Best Product Launch, and received a proclamation from Illinois Governor JB Pritzker and a commendation from U.S. Senator Tammy Duckworth.
She also led newsroom operations and development at a large media company where she set editorial standards, developed training curriculum, and helped support AI adoption for more than 150 editors across 80+ brands spanning manufacturing, industrial processing, automation, and more.
Additionally, Alexis works as a freelance writer and editor, and her areas of interest include continuous improvement, the skilled workforce, and the role of emerging technology on the plant floor.
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