ELIZABETHTOWN, Ky. (Aug. 25, 2022) – Today, Gov. Andy Beshear announced Advanced Nano Products (ANP) USA, Inc. will be constructing a new facility at the TJ Patterson Industrial Park in Elizabethtown. A $49.6 million investment, the new facility is expected to create 93 new high-wage jobs.
Leaders at ANP will construct a 50,000-square-foot facility on 22.6 acres along North Black Branch Road in Elizabethtown. The facility is expected to supply EV battery plants throughout the region, including the emerging BlueOval SK Battery Park in Glendale. Work on the project is expected to begin in February 2023 and be completed later that year.
“The City of Elizabethtown is incredibly grateful for this multi-million-dollar investment and for the inevitable long-sustaining boost to our economy that will result in these almost 100 new jobs,” said Elizabethtown Mayor Jeff Gregory.
ANP-USA, Inc. is a division of the South Korea-based company Advanced Nano Products Co. Ltd. (ANP). The Elizabethtown manufacturing facility will be the first American facility developed by the company.
“ANP-USA’s decision to operate here in Hardin County is deeply appreciated and illustrates the growing prosperity of this region,” said Hardin County Judge/Executive Harry Berry.
ANP was founded in 2001 and specializes in the development and manufacturing of nanomaterials and high-end industries that include the EV, solar and display (television) markets. ANP established its EV business in 2016 and has worked closely with Korean battery manufacturers, such as SK, LG and Samsung SDI. The company also maintains a manufacturing operation in China with corporate offices in California and Japan.
“This announcement demonstrates that Hardin County and the TJ Patterson Industrial Park are quickly becoming hubs for 21st Century manufacturing,” said Matt Hess, board chair for the Elizabethtown-Hardin County Industrial Foundation (EHCIF). “The addition of a nanomaterials manufacturer is a great addition to our diverse and thriving industrial sector.”
Since June 2020, Kentucky has seen over $8.5 billion in EV-related investments, with well over 8,000 full-time jobs announced.
“Economic development related to investments in electric vehicle technology has become abundant in our commonwealth, and so much of that development is happening here in Hardin County,” said Andy Games, Vice President of EHCIF. “When BlueOval SK was announced last year, it was abundantly clear that ancillary development would soon follow. This announcement from ANP-USA illustrates that, and it further solidifies that our region is experiencing immense growth.”
For more information on Advanced Nano Products, visit anapro.com.