Alevo.

PositionCHARLOTTE BRIEFS: MIDLAND AND NEWTON

Alevo plans to invest $251 million and add more than 200 jobs over five years at its Concord plant, where the company makes its GridBank utility-scale batteries. Switzerland-based Alevo acquired the 2,100-acre former Philip Morris cigarette factory in 2014, with plans to eventually employ as many as 2,500 people. The average annual salary for the new jobs will be $56,327...

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