Exide Receives DoD Grant to Expand Submarine Batteries Production at Fort Smith
Exide Technologies has signed a five-year, $30.7 million cost-sharing agreement with the U.S. government under the Defense Production Act Title III program to automate and modernize submarine batteries manufacturing processes at a company facility in Fort Smith, Arkansas. Under the agreement, the company will receive $18.7 million in DPA grant funds and invest $12 million to adopt new systems designed to […] More