ReVolt gets $5M, could build Portland factory

Portland Business Journal:

Swiss battery-maker ReVolt Technology LLC on Thursday received a $5 million federal stimulus grant which the company will use to move forward on its plans for a Portland manufacturing and research center.

ReVolt announced in September that it had chosen Portland for its U.S. headquarters, where it would eventually employ 250 in a research and manufacturing operation to develop zinc-air batteries that can be used in electric vehicles and other applications.

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