Nevada has been touted by the solar industry as enjoying on average more than 300 days of year of sunlight.
So it made sense for K2 Energy, which develops, engineers and manufactures large- format batteries and battery systems, to locate the company in Henderson in 2006.
The solar energy industry is a key market for K2. The company builds its products based upon lithium iron phosphate technology for both energy- and power-type systems.
“Las Vegas is in the heart of the solar and alternative energy markets,” K2 Energy Chief Executive Officer Johnnie Stoker said. “Building the battery packs close to some of our biggest customers makes sense.”
Stoker also cited Southern Nevada’s dry climate as another reason the company built its manufacturing plant in Henderson.
K2 celebrates the grand opening of its new 20,000 square-foot facility on April 30. The plant, which employs 44 workers, includes an advanced battery development and testing lab, engineering and design, advanced battery pilot and manufacturing lines and an analytical lab.
The company is also building a new cell manufacturing plant in China, where K2 employs 27 workers in an older plant. The Chinese facility builds the cells and ships the products to Henderson, where the products are completed.
Stoker said the batteries manufactured by K2 Energy are more efficient, safer, last longer and have a wide range of benefits to both consumers and the environment.
“Most of the battery units can be recycled and reused, so we’re not filling up landfills,” Stoker said.
Many of K2’s batteries are used in medical, military and electric vehicles.
K2 manufactures energy battery cells and power battery cells. Key uses for the batteries include hospital record carts, electric vehicles and electric bikes, jet starter batteries, off-grid power, solar lighting, motorcycle starter batteries and military microgrids.
Stoker said some of K2’s batteries are used by average consumers, including high-intensity tactical flashlights and laptop computers.
K2 Energy has averaged more than 62 percent revenue growth per year since moving to Henderson. The company expects to exceed that level in 2013.
Stoker said the new plant in Henderson will allow the company to create hundreds of new jobs over the next five years.
“We could double-pack production in the new facility,” he said.
K2 Energy is holding the open house to introduce its products and services to Henderson officials and other government representatives. The company plans to showcase its technology and advanced manufacturing methods.
Contact reporter Howard Stutz at firstname.lastname@example.org or 702-477-3871. Follow @howardstutz on Twitter.