Over the past year, Pinal County has witnessed significant economic development wins that have propelled its growth and attracted attention from investors and businesses alike. Several key achievements have contributed to the county’s success and solidified its position as an emerging economic powerhouse in the region.
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One of the biggest wins for Pinal County has been the establishment of new manufacturing facilities. The county has seen a surge in industrial development, with major companies setting up operations and creating job opportunities for the local workforce. These investments have not only boosted the county’s economy but also fostered a sense of economic resilience.
Additionally, Pinal County has experienced notable advancements in renewable energy. The region’s abundant solar resources have attracted solar power companies, leading to the construction of large-scale solar farms. This clean energy infrastructure has not only bolstered the county’s sustainability efforts but also brought in substantial investments, creating a positive impact on the local economy.
Furthermore, Pinal County has witnessed significant growth in the logistics and distribution sector. The county’s strategic location, with close proximity to major transportation routes, has made it an attractive destination for distribution centers and logistics hubs. These developments have generated numerous job opportunities and stimulated ancillary industries, such as transportation and warehousing.
Overall, Pinal County’s biggest economic development wins in the past year can be attributed to the establishment of new manufacturing facilities, the growth of renewable energy projects, and the expansion of the logistics and distribution sector. These achievements have not only driven economic growth but also positioned the county as a hub for innovation, sustainability, and job creation. As Pinal County continues to thrive, it is poised to become an even more significant player in the regional and state economies.
Here are 12 recent Pinal County economic development wins:
LG Energy Solution
Total anticipated capital investment: $5,500,000,000
Total anticipated number of employees: 3,700
Lucid Motors
Total anticipated capital investment: $1,900,000,000
Total anticipated number of employees: 6,120
Nikola
Total anticipated capital investment: $800,800,000
Total anticipated number of employees: 1,762
Procter & Gamble
Total anticipated capital investment: $500,000,000
Total anticipated number of employees: 500
Chang Chung
Total anticipated capital investment: $400,000,000
Total anticipated number of employees: 209
(subhead)Kohler
Total anticipated capital investment: $376,000,000
Total anticipated number of employees: 500
Kanto PPC
Total anticipated capital investment: $237,000,000
Total anticipated number of employees: 161
Gold Bond Building Products
Total anticipated capital investment: $250,000,000
Total anticipated number of employees: 100
Air Products
Total anticipated capital investment: $100,000,000
Total anticipated number of employees: 75
Jing He Science Arizona
Total anticipated capital investment: $100,000,000
Total anticipated number of employees: 57
LCY Electronic Materials
Total anticipated capital investment: $15,000,000
Total anticipated number of employees: 50
Owens Corning
Total anticipated capital investment: $9,000,000
Total anticipated number of employees: 50
