E-One Molicell shuts down.

[SilverFox]

I ran across this article from March 31, 2009. I don't know what will happen, but this factory turned out most of the Li-Ion cells used in power tools in North America.

Here is the announcement.

Tom

 

[LuxLuthor]

Another casualty of the bad world economy. I think the Emoli was only used in Milwaukee and Rigid tools. Those were the only ones I ever found them in. I also noticed in that article that the parent Taiwan E-One Moli Energy Corp opened a second plant in Taiwan that I'm sure is a factor...as well as higher North American wages and benefit packages.