Richardson Electronics, Ltd. announced plans to expand its manufacturing operations at its headquarters in La Fox, Illinois, with a capital investment exceeding $8.5 million over the next four years. This expansion is supported by the Reimagining Energy and Vehicles in Illinois (REV Illinois) program.
The company plans to retain nearly 200 skilled employees and create 54 new full-time jobs in the region. This initiative will focus on developing and producing next-generation battery energy storage system (BESS) technologies, building upon Richardson Electronics' existing alternative energy business.
The BESS technologies are designed to support electric grid stability, address brownouts, reduce electricity costs, and facilitate renewable energy integration. These systems are being developed for critical industries such as manufacturing, healthcare, and infrastructure operations, marking a strategic entry into a significant growth market for the company.
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