Title: Boston-Power to double its workforce - Boston Globe

Industry sector: Energy storage

Boston-Power to double its workforce
Battery maker gets new cash injection

By Bonnie Kavoussi
Globe Correspondent / June 25, 2010

Boston-Power Inc. in Westborough, producer of high-tech batteries, plans to nearly double its workforce in the next three years, both in Massachusetts and worldwide.

The company will fund the expansion with $60 million raised from current investors, according to chief executive Christina Lampe-Onnerud. Boston-Power is also planning to build a factory in either Europe or China to make storage and electric car batteries.

“We are basically growing a global company,’’ she said.

Lampe-Onnerud said that while the company intends to keep its base in Massachusetts, not all of its new US workers will necessarily be located in the state.

She added that the company sees “a lot of possibilities’’ in China. “It’s becoming a real engine in the world economy,’’ she said.

About 110 staffers, the company’s total US workforce, work in Massachusetts, while around 400 — mostly factory workers in Taiwan — are abroad, according to Lampe-Onnerud. Boston-Power plans to expand its overseas workforce to approximately 1,000 workers, largely in manufacturing, Lampe-Onnerud said.

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