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Investors Sue Over Failed Battery Plant in Appalachia
By: Associated Press
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PIKEVILLE, Ky. (AP) — A group of Kentucky investors has sued two executives of a battery manufacturer that suspended plans to build a $372 million facility and hire 875 workers in the heart of Appalachia. The Lexington Herald-Leader cited court filings in reporting that that Pikeville EB Investors LLC says Enerblu executives made deliberate misrepresentations about the… Read More
Kentucky Project’s Demise Linked to International Fallout From Journalist’s Murder
By: Sydney Boles | Ohio Valley ReSource
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When battery manufacturer EnerBlu announced it would suspend plans for a new factory in Pikeville, Kentucky, the company used an intriguing phrase. “Unexpected geopolitical factors,” the company said, had soured the deal. According to a former executive at the company, those factors tied the rural eastern Kentucky development project to one of the world’s largest… Read More