GLASGOW â A new company plans to move into the former LSC Communications Inc. property on Glasgowâs Donnelley Drive.
Contemporary Amperex Technology Kentucky LLC, which is based in Fujian, China, and manufactures lithium-ion batteries for the automotive industry, purchased the LSC property for $8.5 million.
Minutes from the Kentucky Economic Development Finance Authorityâs June 25 meeting listed the project as a Kentucky Business Investment Program preliminary project and said CATL was considering establishing a facility in Glasgow with a projected investment of $97.7 million.
Documents on file at the Barren County Clerkâs Office shows the property transfer to be between LSC Communications Inc. and Contemporary Amperex Technology Kentucky LLC for $8.5 million.