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November 27, 2015 5:16 AM ET

Electrical Equipment

Company Overview of Saft America, Inc.

Company Overview

Saft America, Inc. manufactures lithium and thionyl chloride unit cells and multi-cell batteries for industrial applications. Its batteries are used for military, industrial, medical and commercial applications. The company was founded in 1971 and is based in Valdese, North Carolina. Saft America, Inc. operates as a subsidiary of Saft Groupe S.A.

313 Crescent Street

Valdese, NC 28690

United States

Founded in 1971





Key Executives for Saft America, Inc.

President and Chief Executive Officer
Age: 57
Compensation as of Fiscal Year 2015.

Saft America, Inc. Key Developments

Saft America, Inc. Gets USD 6.13 Million Deal for Lithium-Ion Stop-Start Battery Technology Development

Saft America Inc. announced that it has received a competitively bid, USD 6.13 million award from the United States Advanced Battery Consortium LLC (USABC) in collaboration with the US Department of Energy (DOE) for 12-volt stop-start battery technology development. The contract includes a 50% cost-share by Saft. The 30-month contract will focus on the development and delivery of lithium-ion 12-volt modules for vehicle stop-start battery applications consistent with USABC goals based on Saft's advanced lithium-ion battery technologies along with battery management electronics. The new Saft contract follows research previously conducted with USABC for 12-volt stop-start battery technology development and an earlier contract to develop lithium-ion battery systems for hybrid electric vehicle applications.

Saft America Inc. Wins $1.45 Million Federal Contract

Saft America Inc. won a $1,447,550 federal contract from the U.S. Navy's Office of Naval Research, Arlington, Virginia, for science and technology research and development for the Navy and Marine Corps.

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