Project Traits
State: North Carolina
Congressional District: NC06
Organization Type: Commercial
Partner Organization(s) Type: None or Unknown
Energy Sector: Transportation,
Energy Subsector: EV Batteries,
Project Start Year: 2026
Project Launch Year: Unknown
Government Support Received: State Grant [Job Development Investment Grant] for $2,741,400
Outcomes & Impacts
Private Investment: $233,000,000
Jobs Announced or Created: 352
People Served: Unknown
Projected Economic Impact: $691,000,000
Dai Nippon Printing Co., Ltd. (DNP), a lithium-ion battery pouch manufacturer, will create 352 new jobs in Davidson County, Governor Roy Cooper announced today. The company will invest $233 million to build its first U.S. advanced manufacturing facility in the City of Linwood.
DNP manufactures lithium-ion battery pouches for electric vehicles. The durable yet soft, flexible plastic packaging material will encase and protect EV battery cells. DNP has developed and produced packaging for smartphones, tablets, and laptops for more than three decades, providing lighter and lower profile pouches that resist heat and vibrations, protect from water, extend battery life, and increase fuel efficiency.
The North Carolina Department of Commerce led the state’s efforts to support DNP’s location to North Carolina. Although salaries for the new positions will vary, the average annual salary for the new positions is $50,281, which exceeds the Davidson County average wage of $49,956. The project could create a potential annual payroll impact of more than $17.6 million per year for the region.