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Concord Energy Storage Firm Adding 200 jobs, $251M Investment

March 1, 2017

Energy storage company Alevo announced an expansion Tuesday of its Concord production plant that will add 200 new jobs over five years and more production lines. Alevo said it will invest $251 million in the facility. “The City Council and I maintain confidence in Alevo’s plans to reclaim Concord’s largest manufacturing site and transform it to a hub of clean energy technology,” Concord Mayor Scott Padgett said. “Alevo is truly a multinational corporation and we are excited for their expansion in Concord as they market their products and services to the world.”

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