| Follow Us:

Companies

Novolyte

8001 E. Pleasant Valley Road
Independence, OH 44131
216-867-1040
 
Independence-based Novolyte Technologies, plans to invest $750,000 at its headquarters in 2010. The company consists of two business platforms: energy storage products (battery materials) and performance materials. Among the uses for the performance materials are solvents and other specialty materials for pharmaceuticals, agricultural, coatings, inks and gas scrubbing. Novolyte was awarded a $20.6-million grant from the Department of Energy and a $1.2-million Ohio Third Frontier Grant for the company's work on the "electrification of the auto industry." The company employs about 165 people, with 24 people in Independence, 90 at its Baton Rouge, La., facility and about another 50 at the company's plant in China.

Share this page
0
Email
Print