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Hybrid Battery Maker to Expand Michigan Facilities

ORION TOWNSHIP, MI-Cobasys officials say the company will use state funds to build a $1.5-million facility here. It will relocate its research and development offices from Troy.

By Dan Heaton | Updated on July 26, 2004

ORION TOWNSHIP, MI-Cobasys LLC, a maker of batteries for hybrid vehicles, has decided to remain in Michigan and build a $1.5-million operations expansion. Cobasys is a joint venture of Rochester Hills-based Energy Conversion Devices Inc. and San Ramon, CA-based ChevronTexaco Corp., and is now is headquartered in Troy.

Cobasys says it will relocate its research and development offices and invest $1.5 million in an office building in Orion Township, about 35 miles north of Detroit. The Michigan Economic Development Corp. is supplying up to $4.4 million in aid for the project.

“It will be our third birthday on Saturday. When we started this company, we had nothing but voice mail,” Cobasys chief executive Tom Neslage notes. About 100 people will work there by January with a potential for 200 to 250 people within a few years, the company says.

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