Schaumburg battery company opening South Carolina plant

CHARLESTON, S.C.-- Federal officials say a Schaumburg-based company that makes materials for rechargeable batteries to power hybrid vehicles is coming to South Carolina.

Multiple media outlets report that the U.S. Energy Department said Wednesday that Toda America Inc. had been awarded a $35 million federal grant to make battery components.

Toda America is based in Schaumburg and is the U.S. subsidiary of Toda Kogyo Corp., a Japanese company. The Energy Department says the new manufacturing plant will be built in Goose Creek and bring with it about 60 jobs.

The factory would make cathode material for rechargeable lithium-ion batteries.

A Michigan consultant who worked with Toda America on its grant application declined to comment on the plans.