Advanced Nano Products (ANP) USA, Inc., a division of the South Korea-based company Advanced Nano Products Co. Ltd., is constructing a new manufacturing facility in Elizabethtown, Kentucky. This facility will produce nanomaterials for the electric vehicle (EV) battery industry and other high-end markets.
Key Details
Location: TJ Patterson Industrial Park, Elizabethtown, Kentucky
Investment: $49.6 million
Facility Size: 50,000 square-foot facility on 22.6 acres
Job Creation: 93 new high-wage jobs
Products: Nanomaterials for EV batteries, solar, and display markets
Major Milestones
August 25, 2022: Project announcement by Governor Andy Beshear
February 2023: Expected construction start
Current Status (as of October 28, 2024)
Construction is likely complete or nearing completion, as it was expected to be finished in late 2023
The facility is probably in the process of starting operations or has recently begun production
ANP-USA is likely supplying EV battery plants in the region, including the BlueOval SK Battery Park in Glendale
Future Outlook
The facility is expected to play a significant role in supplying the growing EV battery industry in the region
It represents part of the over $8.5 billion in EV-related investments in Kentucky since June 2020
The project contributes to the diversification and growth of the industrial sector in Hardin County
This facility marks ANP's first American manufacturing operation and demonstrates the company's commitment to supporting the U.S. EV battery supply chain. It also highlights Kentucky's growing importance in the EV and battery manufacturing sector.