Alevo

The old Philip Morris cigarette plant, covering 500 acres of the 2,000 acre site. The plant was torn down in 2019.
Jones Lang Lasalle Inc.

Concord City Council will vote Thursday night to offer more than $800,000 in tax incentives to what appears to be a Chinese furniture maker. The company would build a facility on the site of the old Phillip Morris plant.

The old Philip Morris cigarette plant, covering 500 acres of the 2,000 acre site. The plant was torn down in 2019.
Jones Lang Lasalle Inc.

The owners of the former Philip Morris plant in Concord have decided to demolish the old plant in hopes of attracting developers to the 2,000-acre site. 

Duncan McFadyen

A bankruptcy court filing shows that a high-tech battery maker in Concord has found a buyer for most of its assets. The filing by Alevo Manufacturing Inc. says an unidentified bidder has contracted to buy most of the equipment, raw materials and other assets for $5 million.

Alevo CEO Jostein Eikeland unveiled the company's plans for the old Philip Morris plant in October 2014.
Duncan McFadyen / WFAE

An industrial battery company that took over the former Philip Morris plant in Concord three years ago is going out of business. Nearly 300 people are losing their jobs.