Turner Construction Company, a Spanish engineering group ACS subsidiary, recently formed a joint venture with Philadelphia-based Yates Construction. The JV is now awarded a contract to build Panasonic‘s new electric vehicle battery plant in De Soto, Kansas.
“We are extremely excited to be part of the team delivering this plant to support Panasonic’s goal to meet the growing demand for high-quality batteries from their automotive partners.
The team shares a common goal for improving environmental performance and are committed to reduce onsite greenhouse gas emissions and water consumption during construction of the facility.”
Jim Brownrigg, Senior VP of Turner Construction Company
The project is essential to the Japanese tech firm’s effort to expand its EV battery production capacity in the United States.
Panasonic’s new Kansas plant
Per the press release, the $4 billion project will build Panasonic’s EV battery production plant, central utility facility, and ancillary infrastructures.
The project’s construction is expected to generate numerous job opportunities for De Soto citizens. In effect, it will boost Kansas and the entire US economy.
“This is a very exciting project for the Kansas City region and our company. As one of the largest EV battery and advanced manufacturing contractors in the U.S., Yates Construction has extensive experience in this sector.
We look forward to working with Panasonic to deliver this important project in support of their long-term commitment to achieving a net-zero emissions future.”
William G. Yates III, Yates Construction’s President & CEO
Furthermore, the project aligns with Panasonic Group’s Green IMPACT initiative, with a net-zero emissions target by 2030.
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As for the schedule, the company announced that the JV would start construction by late March 2025. It expects to hit an annual production rate of about 30 GWh.
Undoubtedly, the move is crucial for Panasonic to be eligible for the new federal tax credits of up to $3,750 per EV under the Inflation Reduction Act. The recently passed US law mandates that EV batteries be produced in North America utilizing components from the region or allied nations.
