UPDATED. 2024-05-20 21:44 (월)
Yunsung F&C wins mixing equipment order from Ultium Cells 
Yunsung F&C wins mixing equipment order from Ultium Cells 
  • Stan Lee
  • 승인 2022.01.03 10:25
  • 댓글 0
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Kit maker wins order for all four kits to be used in Lordstown
Image: Yunsung F&C
Image: Yunsung F&C

Yunsung F&C has won a turn-key order to supply mixing equipment from Ultium Cells, the battery making joint venture between LG Energy Solution and General Motors, TheElec has learned.

The South Korean equipment had previously won an order to supply one unit of mixing equipment.

But Yunsung F&C now won the order to supply the remaining three mixing equipment Ultium Cells plans to use for its battery factory at Lordstown in Ohio. 

The US-based battery maker is planning to use a total of four mixing equipment at its factory there.

LG Electronics’ Production engineering Research Institute (PRI) oversaw the order for the equipment, while adding in the commission it plans to collect from the final payment.

The latest three mixing equipment was ordered at a higher price than the first one.

The negotiations between LG Energy Solution, LG Electronics and Yunsung F&C over the contract price and delivery time took around ten months, as the parties negotiated hard over the terms, sources said.

LG Energy Solution and LG Electronics had no alternative for mixing equipment supply other than Yunsung F&C as the equipment is in high demand due to the massive expansion of electric vehicle battery factories done by various companies.

Yunsung F&C’s rivals such as Jeil Machine & Solution and TSI are already supplying their mixing equipment to South Korean battery makers as well as Northvolt and ACC.

Meanwhile, Ultium Cells is planning to begin operations of its battery factory at Lordstown next year.

It is also planning to build another one at Spring Hill, Tennessee, for a total production capacity of 70GWh in the US.

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