Dive Brief:
- Eos Energy Enterprises is investing $352.9M to relocate its headquarters to Pittsburgh from Edison, New Jersey, and expand its manufacturing operations in Pennsylvania, Gov. Josh Shapiro announced Tuesday.
- The zinc battery maker will relocate its main offices to a 40,000-square-foot space at Nova Place in the back half of 2026, according to Shapiro’s news release. Eos also plans to lease a 432,000-square-foot facility in Marshall Township, where it will deploy additional production lines as part of the expansion.
- The project will create at least 735 jobs and retain 265 positions, according to the release. It also brings Eos geographically closer to new strategic partner Talen Energy Corporation, which plans to partner with the battery maker to develop storage capacity for artificial intelligence infrastructure across Pennsylvania.
Dive Insight:
Founded in 2008, Eos is a maker of aqueous zinc batteries for power storage, with a focus on serving the utility, industrial and commercial sectors. Its relocation and expansion come as demand grows for energy and energy storage systems that enhance electrical grid reliability and support data center buildouts.
Eos has received $22 million in support for its project from the Pennsylvania Department of Community and Economic Development. The company could also be eligible for tax credits and deductions from the state, according to Shapiro’s office. Additionally, Allegheny County invested $2 million to support the project.
“Eos’ move will not only strengthen our region’s position as a hub for advanced energy storage, but it will also attract new suppliers, partners, and innovators to the Pittsburgh region,” Stefani Pashman, CEO of the Allegheny Conference on Community Development, said in a statement.
Eos currently has two manufacturing facilities in Turtle Creek, Pennsylvania, located just east of Pittsburgh. Combined with its new factory, the company said it plans to produce energy storage systems with a total capacity of 8 gigawatt-hours per year. It also plans to establish a software hub at Nova Place to support its proprietary battery management platform DawnOS, and expand its partnership with Carnegie Mellon University for workforce development.
“Energy storage is the backbone of the modern energy system, and this significant milestone marks our progress to bring America’s battery to scale,” Eos CEO Joe Mastrangelo said in a statement.
In addition to local support, Eos received a loan advance of $22.7 million in July from the U.S. Department of Energy to expand its operations.