Posted August 2, 2023
Cnano Technology USA, Inc. announced Wednesday plans to invest $94.7 million in a 333,000-square-foot manufacturing facility at the Commerce Center, bringing 112 jobs to the facility and $7.1 million in payroll.
The new facility will produce a liquid conductive paste, a component used for electronic applications, including batteries for electric vehicles, cell phones, and power tools, scoring to a press release from Kansas City Area Development Council.
Located in a Class-A spec building in the New Century Commerce Center, the Johnson County location is a multimodal industrial center offering direct access to air, rail and interstate transportation over 2,700 acres.
In addition, the area was developed in an 850-acre public-private partnership, publicly by Johnson County Government and the Johnson County Airport Commission, privately by VanTrust Real Estate and marketed by CBRE.
“Cnano Technology is incredibly excited to partner with Johnson County to build out a new U.S. facility to manufacture conductive and structural additive products for the lithium-ion battery, rubber and polymer, and composite markets,” president of Cnano Technology USA, Inc., Shawn Montgomery said. “We’re proud to bring cutting-edge technology, investment dollars and, most importantly, jobs to the region.”
View the full press release, here.