Johnson Controls, as part of its joint venture with Saft SA, just announced that it will build a lithium-ion battery plant in Holland, Michigan. The plant will built in an existing Johnson Controls Facility there and will provide jobs to 500 employees. Refurbishing the existing plant to handle manufacturing lithium-ion batteries is expected to cost about $220 million. Once completed, the plant will be able to produce 15 million lithium-ion battery cells. The company is … Read the rest