Panasonic Picks Kansas for $4 Billion Battery-Production Site

Panasonic Holdings Corp. has decided on Kansas as the location to build a battery production site expected to cost $4 billion, as the Japanese manufacturer seeks to ramp up production capacity to meet growing demand from Tesla Inc. and other electric-vehicle makers.

Panasonic applied for the project to receive incentives from Kansas and those plans were approved by Governor Laura Kelly, who announced the agreement Wednesday. The site is expected to generate as many as 4,000 jobs, according to a statement.

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