Natron Energy's Collapse: $1.4B NC Factory Project Scrapped, 1000+ Jobs Lost
2025-09-06
California battery maker Natron Energy, which last year announced a $1.4 billion factory in North Carolina, has ceased operations, resulting in the loss of over 95 jobs and scuttling plans for 1,000+ jobs in Edgecombe County. The company's failure to secure sufficient funding or sales led to the closure of its facilities in Michigan and California. This setback is a blow to North Carolina's economic development efforts, highlighting the inherent risks in large-scale industrial projects.
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