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You are here: Home / Industry News / Chicago Company Makes Batteries Cool Again

Chicago Company Makes Batteries Cool Again

April 1, 2016 by energypower

A battery production line and warehouse lives in a small building on Chicago’s Southwest Side. It features a main production floor with individual work stations dedicated to creating each product, with storage for shipments and a laboratory where new design ideas and compositions are tested and created. Workers in each area are focused intently on their part of the process, looking up only briefly to see the stranger in their workspace.

This is where AllCell Technologies LLC produces, packages and ships its novel battery cell cooling products.

AllCell received early funding from Skokie-based Heartland Angels Inc. and Townsend Capital LLC, an energy-focused company, but now makes steady profits from its customer base. Revenues have quintupled from $900,000 in 2012 to $4.7 million in 2014. AllCell’s numbers for 2015 have not yet been finalized, but Sales Director Scott Novack predicted continued increase.

Read the full article on news.medill.northwestern.edu

Filed Under: Industry News

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