EnerBlu suspends plans for Pikeville, Ky. plant, losing more than 800 potential jobs

PIKEVILLE, Ky. — According to news releases, EnerBlu is no longer building a facility in Pikeville. The company, which was originally supposed to bring more than 800 jobs to the city, suspended its plans to build a $300 million battery cell manufacturing plant. This comes after a primary investor withdrew its support, citing “unexpected geopolitical factors” as a reason for withdrawing support. John Thomas, who was recently named the new CEO of EnerBlu, said he regretted having to suspend plans for the facility. WYMT

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Author: Matthew Randle