The Kansas City Area Development Council announced that international company Cnano Technology USA plans to invest $94.7 million in a 333,000-square-foot manufacturing facility at the New Century Commerce Center in New Century, Kansas.
The new facility is expected to create 112 jobs with a payroll of $7.1 million.
Cnano will use the new facility to create liquid conductive paste, a component used for a variety of electronic applications, including batteries for electric vehicles, cell phones and power tools.
Located in Johnson County in the southwest area of the Kansas City region, the New Century Commerce Center is a multimodal industrial center offering direct access to air, rail and interstate transportation over 2,700 acres.
Cnano’s new facility will be located in a Class-A spec building in the Commerce Center, which was developed in an 850-acre public-private partnership, publicly by Johnson County Government and the Johnson County Airport Commission, privately by VanTrust Real Estate and marketed by CBRE. Newmark Zimmer represented Cnano in their site search.
The Kansas City region continues to see massive industrial growth, particularly in the area of electric vehicle development, recently including Panasonic Energy’s plans to build a $4 billion electric vehicle battery manufacturing facility in De Soto, Kansas.
A leading North American logistics hub and key location for manufacturing, distribution and e-commerce, the Kansas City region has delivered 70 million square feet of industrial development in the last ten years and employs more than 190,000 people in the manufacturing and logistics industry.
