In a significant boost to Michigan’s electric vehicle industry, Governor Gretchen Whitmer and the Michigan Economic Development Corporation (MEDC) unveiled support from the Michigan Strategic Fund (MSF) for a groundbreaking investment by the global battery company Gotion.  

Gotion has chosen Big Rapids as the site for its new battery component manufacturing facility. 

A Hotbed for Employment 

Governor Whitmer hailed Gotion’s $2.36 billion investment, creating 2,350 well-paying jobs in Big Rapids. “This is the largest economic development project ever in Northern Michigan and reinforces our position as a global leader in mobility and electrification,” she said.  

A Global Company Looking to Expand 

Founded in 1998 and headquartered in Hefei, China, Gotion High-tech Co. specializes in the global research, development, production, and sale of lithium batteries. Its product lineup includes lithium iron phosphate and ternary materials, battery packs, management systems, and energy storage solutions for various vehicles and industries. Gotion has expanded to the U.S. since 2014 and will now focus on establishing production capacity in Big Rapids. 

The MSF Board has approved a support package for Gotion’s $2.364 billion investment in Michigan, which could create up to 2,350 jobs. The project includes building a multi-phase battery component manufacturing facility in Big Rapids. The facility will produce 150,000 tons of cathode material annually and house two production plants for anode materials, generating 50,000 tons per year. 

Backing the Clean Energy Plan 

Garrick Rochow, President and CEO of Consumers Energy, highlighted the company’s role in the project. “We are excited to partner with Gotion, Governor Whitmer, The Right Place, and MEDC. Our competitive electric rates and commitment to 100% renewable energy will ensure high reliability for the Big Rapids region and align with our Clean Energy Plan.” 

To secure the project, the MSF Board approved a comprehensive incentive package, including: 

  • A $125 million Critical Industry Program grant through the SOAR Fund 
  • An MSF Designated Renaissance Zone valued at $540 million 
  • A $50 million Strategic Site Readiness Program grant through the SOAR Fund, administered by The Right Place for infrastructure improvements. 

Additionally, Green Charter Township and Big Rapids Charter Township are expected to approve a PA 198 real property tax reduction, with a 30-year Renaissance Zone also authorized. 

Final Thoughts 

Gotion’s historic investment in Big Rapids is pivotal for Michigan’s economic and industrial landscape. With the creation of 2,350 high-quality jobs and a substantial $2.36 billion capital injection, this project underscores the state’s growing prominence as a leader in the electric vehicle and battery manufacturing sectors. 

The expected influx of jobs is projected to generate over $11.5 billion in new personal income over 20 years, contributing to significant regional economic growth. 

How can we help you? 

Searching for an opportunity in the construction industry? Contact The Birmingham Group’s team of seasoned commercial construction recruiters today to discuss your career path or browse our open positions. 

Are you a hiring authority in need of construction talent? Submit a search request today.