(New Carlisle, IN) - Plans for a massive car battery plant near New Carlisle appear to have stalled.

On Friday afternoon the Wall Street Journal reported that the partnership between General Motors and LG Energy will be put on pause before a fourth U.S. battery plant, called Ultium Cells, can be built.

The Industrial area east of New Carlisle was believed to be the landing spot for a $2.4 billion facility, which could employ as many as 1,600 people.

According to reports, LG got cold feet based on various economic factors. GM is reportedly looking for another energy partner to get plans for the battery plant back on line.