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million in taxcredits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the taxcredits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; and LG Chem-Compact Power Inc. A123Systems Inc.
Investment in advanced battery companies continues in the USA where the Michigan Economic Growth Authority (MEGA) has awarded $543.5million in taxcredits to four companies with plans to invest more than $1.7billion in lithium-ion manufacturing facilities across the state.
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