NorthStar explained

NorthStar
Type:Private
Location City:Stockholm
Location Country:Sweden
Area Served:Global
Key People:Hans Lidén (CEO)
Industry:Lead–acid battery
Electronics
Products:Lead–acid batteries
Battery cabinets
Electronics cabinets
Num Employees:700 (2011)

NorthStar Battery Company (or simply NorthStar) is an international battery company which produces lead–acid batteries and battery cabinets. NorthStar's products are used in Telecom Power Systems, Uninterruptible Power Supplies and Engine Start applications. The headquarters of the parent company, NorthStar Group, is based in Stockholm, Sweden. NorthStar Group oversees two business units: NorthStar SiteTel, which produces battery cabinets, and is based in Sollentuna, Sweden; and NorthStar Battery, which produces lead–acid batteries, and is based in Missouri, United States.[1] NorthStar also has offices in Shanghai and Shenzhen, China; and Nashik, India; as well as global distribution and service centers in Panama, Dubai and Singapore.

History

NorthStar was founded in 2000.[2] The company sells many of its products to international OEMs, such as Ericsson, Nokia Siemens Network and Huawei and is a member of the Advanced Lead-Acid Battery Consortium.[3] [4]

In January 2010, NorthStar entered a joint venture with Artheon Battery Company to manufacture a complete line of lead–acid batteries for the domestic battery markets in India and the export markets around the world.[5] [6] [7] [8]

In July 2010, NorthStar Battery Company built a second manufacturing plant, to increase manufacturing capacity from 1 million to 1.8 million batteries per year.[9]

In November 2010, Exide announced a collaboration with NorthStar, to sell NorthStar engine start batteries under the Exide brand.[10]

In 2016, NorthStar signed a $500 million deal with Daimler Trucks.[11]

In 2019, EnerSys bought NorthStar from its previous owner, Altor Fund II.[12] EnerSys subsequently began selling some former NorthStar battery products.[13]

Notes and References

  1. Web site: Zweifel: Loan program helped company add jobs . News Leader . 2011-10-25.
  2. Web site: About Us . NorthStar . 2011-09-20.
  3. Web site: ALABC members list. ALABC . 2011-10-04.
  4. Web site: EnerG2 Receives Prestigious Research Project From The Advanced Lead-Acid Battery Consortium (ALABC) . Daily Markets . 2011-09-29.
  5. Web site: Trio forms JV for lead-acid storage batteries in India. 2021-11-10. EE Times-India.
  6. Web site: Artheon Battery commissions Rs 75 cr facility near Nashik . Business Standard . 2010-10-09.
  7. News: Pawar. Tushar. 2011-10-08. Artheon Battery commissions Rs 75 cr facility near Nashik. Business Standard India. 2021-11-10.
  8. News: 2011-05-16. Leading battery players in India. 2021-11-10. ElectronicsB2B. en-US.
  9. Web site: Lead–acid battery manufacturer expands facilities . Engineering News . 2010-07-23.
  10. Web site: Exide Technologies Announces Plans For Alliance With NorthStar Battery, LLC . Reuters . 2010-11-01.
  11. News: NorthStar Battery signs $500M deal with Daimler Trucks. Zach. Smith. September 20, 2016 . 2021-11-10. Springfield Business Journal. en.
  12. EnerSys. 2019-09-19. EnerSys Announces Agreement to Acquire NorthStar Battery Company from Altor Fund II. 2021-11-10. GlobeNewswire News Room. en.
  13. Web site: 2021-09-13. EnerSys expands battery line to include former NorthStar battery products. 2021-11-10. Trucks, Parts, Service. en-us.