Technology Industry
Industry: Email Alert RSS FeedElectro Energy Bids for Battery Manufacturing Space
Advanced Battery Technology, Jul 2005
Electro Energy Inc. has signed a non-binding letter of intent to acquire equipment and to lease facilities formerly owned by Energizer Power Systems in Gainesville, Florida.
Electro Energy has confirmed the basic terms and conditions of the letter for a definitive agreement to acquire manufacturing equipment for lithium-ion and nickel-metal hydride batteries and an option to lease industrial space in north central Florida near Gainesville.
The completion of the transaction is subject to negotiation and execution of a definitive purchase-and-sale agreement as well as due diligence by both parties and Electro Energy's obtaining additional investor funding.
Most RecentTechnology Articles
- Tech Law: Google Loses in France, GPL Suits Target Many, IBM Sued, More
- Microsoft Moves Fast, Already Has Custom XML Patch for Word
- Microsoft Might Get Advantage or Pain from Order To Not Sell Word
- Netbooks Bruise Notebooks, Netdevices Get HD, PCs in Trouble
- Google Gets Low U.K. Tax Bill Because of Location, Location, Location
- More »
Electro Energy says the transaction would give the company one of the largest facilities in the United States for the manufacture of advanced rechargeable batteries.
CXO UnpluggedSmart Business interviews on BNET
See and hear how senior level executives across the Asia Pacific are developing smart business ideas across a variety of sectors. The focus is on the future, and on how businesses need to evolve.
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Technology Articles
Most Recent Technology Publications
Most Popular Technology Articles
- BizRate to monitor in-store customer satisfaction for Office Depot stores - Market Intelligence
- Speed control of separately excited DC motor
- Effects of creative, educational drama activities on developing oral skills in primary school children
- Political stability and economic growth in Asia
- Failed businesses in Japan: a study of how different companies have failed, and tips on how to succeed, in the Japanese market
Presented by American Express