Battery materials company eyes second Chattanooga plant as it seeks tax breaks for factory at Alstom site

Staff file photo / The former Alstom manufacturing site on Riverfront Parkway in Chattanooga is shown in this file photo.

An official for a company planning a new 300-worker plant in a former Alstom facility in Chattanooga said Tuesday it could put another factory in the area with about 1,000 employees.

"It will go a long way to calling Chattanooga a hub," said Daniel Deas, chief operating officer of a company affiliated with Novonix. He made the comments to the City Council as the panel discussed tax incentives for the business.

Last week, Novonix unveiled plans for a $160 million plant to develop and commercialize material for the lithium-ion battery market that will create some 300 jobs.

Novonix, a Nova Scotia, Canada-based company that opened a smaller facility in Lookout Valley in 2019, is expected to purchase and retrofit a building off Riverfront Parkway at the former Alstom site.