Source: E-One Moli.
  • Stantec (TSX:STN) was selected to provide a suite of services to help build a lithium-ion battery cell manufacturing facility in B.C.
  • The C$1 billion new facility in Maple Ridge will be constructed by battery company E-One Moli and is expected to be the largest factory in Canada for high performance lithium-ion battery cells, producing up to 135 million battery cells each year
  • Construction of the E-One Moli manufacturing facility is expected to begin in June 2024, and the facility is expected to be fully operational in 2028
  • Stantec Inc. last traded at C$95.17 per share

Stantec (TSX:STN) was selected to provide a suite of services to help build a lithium-ion battery cell manufacturing facility in British Columbia.

The Edmonton-based firm is working on planning, architecture, mechanical, electrical, fire suppression, structural, industrial, ICT, civil, geotechnical and substation engineering, as well as interior design, landscape architecture, sustainability consulting, building commissioning and environmental services.

The C$1 billion new facility in Maple Ridge will be constructed by battery company E-One Moli and is expected to be the largest factory in Canada for high performance lithium-ion battery cells, producing up to 135 million battery cells each year.

The new facility is designed to target LEED Gold and Net Zero Carbon certification. It will also include a seven-storey mass timber office, and research and development component with a fully integrated green roof.

E-One Moli Energy (Canada) Ltd. is a subsidiary of E-One Moli Energy Corp., a global manufacturer that specializes in high-performance, superior quality, rechargeable lithium-ion cell products.

Construction of the E-One Moli manufacturing facility is expected to begin in June 2024, and the facility is expected to be fully operational in 2028.

Stantec Inc. is a provider of comprehensive professional services in the area of infrastructure and facilities for clients in the public and private sectors. The company’s segments are Canada, United States and global. The segments provide professional consulting in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management and project economics services.

Stantec Inc. last traded at C$95.17 per share.

Join the discussion: Find out what everybody’s saying about this stock on the Stantec Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.


More From The Market Online

Unsung profits: Three money-making penny stocks trading for cheap

To make money in stocks, you need to develop a strong sense for the irrational, a quality often found among cheaply priced penny stocks.
Pinnacle Silver and Gold - Shot from Pinnacle Silver and Gold's Argosy Gold Project in Ontario.

This junior gold stock is at an all-time low and ready to rally

Junior gold investors currently enjoy dozens of opportunities with multi-bagger upside with stocks at or near all-time lows.

This small-cap gold stock keeps notching high-grade gold in Nevada 

Viva Gold (TSXV:VAU) continues to capitalize on the market thanks to its 100-per-cent-owned Tonopah project in west-central Nevada. 
stock market down

@ the Bell: TSX hits near-month high

The TSX rose near highs not seen in a month, but a split between indices capped gains as mining and energy were the only…