Shelbyville Battery Manufacturing To Create 1,572 High-Tech Jobs With Nearly $712 Million Investment

Today, Gov. Andy Beshear was joined by local leaders and executives from Shelbyville Battery Manufacturing, a subsidiary of e-Storage, to announce the largest economic development project in Shelby County’s history and the largest jobs announcement in the commonwealth in more than two years. The nearly $712 million project creating 1,572 skilled, high-tech jobs represents the third-largest project for job creation during the administration and the fourth-largest investment.

The project will establish a state-of-the-art, 6-gigawatt hour battery cell, module and packaging manufacturing facility in a 1 million-square-foot building located on Logistics Drive in Shelbyville. These self-contained energy storage systems will be packaged into modular, containerized utility-scale batteries. Shelbyville Battery Manufacturing will support e-Storage’s rapidly growing U.S. energy storage business and deliver American-made energy storage solutions to customers throughout the United States. Production at the Shelbyville plant is expected to begin by the end of 2025.

To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in August preliminarily approved a 15-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $35 million in tax incentives based on the company’s investment of $711.9 million and annual targets of: Creation and maintenance of 1,572 Kentucky-resident, full-time jobs across 15 years; and Payment of an average hourly wage of $25.34 including benefits across those jobs. Additionally, KEDFA approved the company for up to $5 million in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing.