LUBBOCK TO WELCOME HIGH-VOLUME SOLID STATE BATTERY FACILITY
LUBBOCK — Cymbet Corp. and X-FAB Texas have reached an agreement to open the world's highest volume solid state battery (SSB) production facility in Lubbock. Cymbet provides solid-state energy storage solutions for microelectronic systems, and X-FAB provides expertise in advanced analog and mixed-signal process technologies. The new Cymbet facility will be integrated with X-FAB's Lubbock facility, and is projected to add 77 new jobs during the next 5 years. Production will begin in the second quarter of 2011.