Posted On: March 28, 2011 by Helen Atter

Jacksonville Chosen as Tech Company's New US Headquarters

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Saft America Inc., the domestic arm of the French high-tech battery manufacturer, will be relocating its headquarters from its current North Carolina location to Jacksonville. The jobs associated with this most recent announcement will add to the more than 300 jobs already expected once the new $200 million Jacksonville plant opens in July.
Cornerstone Regional Development Partnership's Jerry Mallot stated that locating Saft's headquarters in Jacksonville will give the city "a better shot of gaining new investment opportunities as the company expands."
The Westside plant is said to be the company's most expensive and advanced facility, focusing on production of lithium-ion batteries for solar and wind power storage. Saft was awarded over $90 million in federal stimulus funding, which facilitated the construction of the Jacksonville plant.

You Can Read More by Visiting Saft Picks Jacksonville for Headquarters.

For more information on business formation and acquisitions, commercial finance and corporate compliance please contact an attorney at Wood, Atter & Wolf, P.A., in Jacksonville and Ponte Vedra Beach, Florida.

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