IndustryNet Account
For Buyers:
  • View Search History and Save Searches
  • Save Supplier Listings and Add Notes
  • Save and Review RFQs / RFIs / RFPs
For Suppliers:
  • Update Your Listing Information
  • Upgrade Your Listing or Add Categories
  • View and Respond to Leads

 Keep me logged inForgot?

Don't have an account? Create a FREE account now!

IndustryNet Blog

How new battery technology is powering America

Posted by IndustryNet on Tuesday, November 7, 2017

BatteryTechnologyThe battery industry is all charged up, although prices are down currently in response to low lead and metal prices. However, the sector is expected to grow as domestic automobile manufacturers escalate their demands, the rechargeable battery sector expands, and leaders in new battery technology help drive the sector forward.

New battery technology driving industry growth

Technological advances are playing into industry strengths: the demand for electric vehicle (EV) batteries is exploding as both domestic and foreign car builders signal their transition away from fossil fuels.

Tesla's Elon Musk is underscoring his commitment to solar energy stored in long-life batteries and his "Gigafactory," a 4.9 million-square-foot-battery production facility located in Nevada, is already producing more battery units than any other individual factory in the world.

Musk is also betting on solar power replacing fossil fuels and his "Powerwall" home battery is completely energized by solar radiance (no grid power) and holds a charge that powers continuous use for seven days during an outage.

Globally, the investments in new battery technology and production are escalating, driven by the worldwide agreement to reduce carbon emissions caused by fossil fuels. More and more businesses are investing in alternative energy sources to help reduce costs and lower their carbon footprint. 

U.S. battery manufacturers report growth

In the United States, the industry grew by 12.12 percent during 2016, adding almost 4,000 jobs and slightly more than $60 million in increased earnings in the same year, according to IndustryNet data. Compared to the manufacturing industry, 5 percent of battery manufacturers reported adding jobs while only 4 percent of manufacturing companies reported that gain.

Sales, however, in both battery and general manufacturing tied at 1 percent growth year-over-year. Although the battery sector runs equally with general manufacturing for numbers regarding women-owned companies at 2 percent and minority-owned companies at 1 percent, it experienced higher raw materials imports compared to the previous year - 13 percent compared to 11 percent.

While general manufacturing bested the battery industry when it came to the year-over-year growth of its domestic distribution - 70 percent vs. 61 percent, batteries bested manufacturing regarding international distribution, growing by 33 percent compared to manufacturing at 29 percent.

Battery manufacturers around the country

Geographically, the battery sector plays a significant part in the economies of the U.S.'s four quadrants: In the Northeast, 57 companies had almost 10,000 workers (9,581), representing 12 percent of the industry as a whole and 28 percent of its workers.

The battery sector also powers the Midwest's economy as its 146 plants (31 percent of the national industry) support 10,321 employees (30 percent of the national battery industry worker population). The West is the smallest contributor to the industry, hosting just 96 companies (21 percent of the whole) that employ 3,776 employees (11 percent of the total). The South is the country's battery home with 164 businesses (35 percent of the whole) using 12,939 workers (38 percent of the total U.S. battery-making population.)

America's largest battery making operations 

Tesla's Gigafactory is, by far, the largest battery manufacturing plant, covering 13.6 million square feet in McCarron, Nevada with 1,000 workers, and is a leader in new battery technology.New battery technology

The second-largest battery factory as measured by square footage is the East Penn Manufacturing Company of Lyon Station, Pennsylvania, which is 3.2 million square feet and is 7,000 employees. At the other end of that spectrum, Johnson Controls Power Solutions Division, which has 523 employees working out of its 300,000-square-foot plant in St. Joseph, Missouri.

In between Tesla and Johnson are EnerSys Energy Products in Warrensburg, Missouri, at 600,000 square feet and 661 workers; EaglePitcher Technologies of Joplin, Missouri, at 500,000 square feet and 870 workers; and Exide Technologies of Salina, Kansas, at 400,000 square feet and 830 workers.

Both Johnson Controls and EnerSys grew their worker population in the past year as did Crown Battery Manufacturing of Fremont, Ohio; Batteries Plus of Brandon, Florida; and House of Batteries of Fountain Valley, California.

Multiple battery sub-sectors report growth

While automotive battery manufacturing accounted for the most job growth of 16.4 percent year-over-year, industrial batteries accounted for the highest increase in sales, growing 22 percent from $80.5 billion to more than $98 billion year-over-year.

The number of lithium-ion battery workers also grew by 13 percent, compared to last year's outputs, although its sales numbers remained stagnant at slightly more than $7 billion. The entire U.S. battery manufacturing industry, which also consists of storage, dry cell, rechargeable, locomotive, commercial and telecom batteries, grew by .88 of a percent compared to figures from the previous year.

For more information on U.S. battery manufacturers

To connect with leaders of new battery technology or any other type of industrial supplier or service provider, start your free search on IndustryNet. IndustryNet is a one-stop resource for all of your industrial supply needs, providing information on 400,000 U.S. manufacturers as well as suppliers of 10,000-plus industrial products and services.

Request a quote, contact a company directly, connect on social media, obtain a list of industrial suppliers in your area, and more.

Are you an industrial supplier or service provider? IndustryNet can help steer qualified buyers to you. Learn more about our marketing solutions.

Related posts
4 ways to significantly reduce your company's energy costs
U.S. electric motor industry continues on growth trajectory as sales, employment trend up

Download the FREE eBook:
Cost-effective Industrial Sourcing, an Insider Guide
Cost-effective Industrial Sourcing, an Insider Guide
A must-have guide for engineering, operations, & purchasing executives!
Finding the right industrial supplier and related services can be a costly and tedious process. This free eBook will introduce you to the industrial sourcing process. Expert advice to help you:
  • Explore some innovative methods for uncovering new suppliers
  • Discover the 7 crucial questions you need to ask a potential supplier
  • Learn how to zero in on a supplier's capabilities to help you make an informed decision

Instant download! Enter your information above for instant access to the eBook. Plus, receive a free subscription to IndustryNet Insider.
A service of MNI
 Find a Supplier  About IndustryNet  
 Get a Quote  Buyer Reviews
 Create Free Account  Marketing Solutions
 IndustryNet Blog  Add or Upgrade Listing
 ISO Standards & Certifications  Link to IndustryNet
 Browse All Categories  Contact IndustryNet
 Browse All Companies  Legal Information
© 2019 MNI