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With loan, state seeks a jolt to job market

A123 Systems vows to hire 250, expand operations in Hopkinton to build massive power storage units

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By Erin Ailworth
Globe Staff / April 23, 2010

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The state is giving Watertown battery maker A123 Systems a $5 million loan in return for creating 250 jobs and expanding operations for making large batteries that connect to the electricity grid. A123 plans to spend $80 million on the expansion. (Full article: 486 words)

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