EV battery component company backs out of plans for $152M Haywood County facility

EV battery component company backs out of plans for $152M Haywood County facility

A road leads to a bare plot of land prepped to be part of the I-40 Advantage Industrial Park in Brownsville, Tenn. Enchem America, Inc. planned to build a $152 million electrolyte manufacturing facility at the industrial park, but backed out of the agreement in September 2025. (Photo: Cassandra Stephenson)A South Korean battery component maker has backed out of plans to build a $152.5 million electrolyte manufacturing facility that would have br…