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TERRE HAUTE, Ind. – Oregon-based Entek announced Friday it has received a direct loan of up to $1.2 billion for the construction of its battery separator manufacturing facility in Terre Haute.
The 1.4 million-square-foot facility, construction for which began in September 2023, is expected to bring 635 new jobs by the end of 2027.
The U.S. Department of Energy’s Loan Programs Office made a commitment for the loan in July, but the company was required to meet certain conditions before the loan was officially awarded…