XALT Energy, LLC
Dow Kokam was founded in 2009 as a joint venture between Townsend Ventures and The Dow Chemical Company. In December 2013, Townsend Ventures acquired Dow’s interest in Dow Kokam, and changed the name of the company to XALT Energy. In 2018, Freudenberg Sealing Technologies invested in XALT Energy and now holds a 50.1% interest. XALT Energy manufactures lithium-ion battery cells and energy storage systems for heavy duty commercial applications including buses, trucks, ships, and mining equipment out of its Michigan plant.
AllCell Technologies
Townsend Ventures took a controlling ownership interest in AllCell Technologies in 2020. AllCell designs and manufactures lithium-ion battery packs for portable, stationary, and transportation applications. AllCell's passive thermal management technology is based on the use of Phase Change Composite (PCC) to surround each lithium-ion cell, absorbing and conducting heat away to dramatically extend the life of the cells and prevent fire or damage to the battery. AllCell's products avoid the need for expensive, complicated, and inefficient active thermal management systems, replacing pumps, motors, and hoses with an elegant passive system that requires no energy to operate and has no moving parts.
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Kokam Co., Ltd.
In October 2008, Townsend purchased 48% of Kokam Co., Ltd. (KCL). Headquartered in South Korea, KCL was established in 1989 to develop new battery technologies and to manufacture new processing equipment for the lithium polymer battery industry. KCL has become a highly successful developer of new technologies with numerous patents. The company’s core competencies extend from being the world’s largest manufacturer of large capacity cells over 30 Ahs to being a leader in the design and development of automated equipment for mass production.
Encelium Technologies
In January 2008, Townsend purchased Encelium Technologies (Encelium). At the time of purchase, Encelium was a fledgling technology company in Canada specializing in customizable lighting control systems for commercial buildings. Townsend saw an opportunity to leverage its expertise and relationships in real estate and provided the capital and strategic direction, which resulted in growing the company into a leader in lighting controls in the U.S. before it was acquired by Osram Sylvania Inc. in 2010.
