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International battery maker purchases Glasgow facility

GLASGOW – A new company plans to move into the former LSC Communications Inc. property on Glasgow’s 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 Authority’s 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 Clerk’s Office shows the property transfer to be between LSC Communications Inc. and Contemporary Amperex Technology Kentucky LLC for $8.5 million.

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