Indian battery maker picks North Carolina for a 500-job expansion

Why it matters: North Carolina, like most states, has been aggressive in trying to lure green energy jobs, which it sees as the jobs of tomorrow.

• The state has splashed huge incentives on the industry, including for a Toyota battery plant in Randolph County and VinFast's electric-vehicle factory in Chatham County.

Details: The Epsilon factory, which would make synthetic graphite used in EV batteries, says it could employ up to 500 people in Brunswick County by 2028.

• The average minimum wage at the site is expected to be $52,260 — less than salaries at the Toyota plant.
• Epsilon said it had considered building the plant in Tennessee in addition to North Carolina.
• This is the Indian company's first battery investment in the U.S.