Why this project qualifies
With 150 permanent operating jobs announced, this project clears AFT's 100-permanent-job threshold (AFT includes any project meeting $100 million in facility-specific investment OR 100 permanent operating jobs). It is also confirmed by official public sources and involves a physical manufacturing facility in the United States.
View full methodology →Why it matters
The battery manufacturing context.
Facilities manufacturing battery cells, modules, or packs of any chemistry, plus battery-specific active materials and components such as cathode and anode materials.
Project record
At a glance
- Company
- Factorial Energy
- Industry
- Battery Manufacturing
- Location
- Methuen, Massachusetts
- Investment
- $50.0M
- Permanent jobs announced
- 150
- Status
- Operational
- Announced
- Oct 23, 2023
- Operations began
- Jan 1, 2024
- Added to tracker
- Feb 27, 2026
Sources
Official references
- Primary source https://www.businesswire.com/news/home/20231023929129/en/Factorial-Energy-Opens-New-Manufacturing-Facility-to-House-Largest-Solid-State-Battery-Line-in-the-US
Cite this project
American Factory Tracker. "Factorial Energy, Methuen, MA." https://americanfactorytracker.com/projects/factorial-energy-methuen. Accessed November 3, 2026.
Please also cite the original sources listed above for underlying figures.
Related
Other projects to know
In Massachusetts
Across Battery Manufacturing
Back to the tracker/projects/factorial-energy-methuen