Experts say rising land prices in Maricopa County have forced some companies to look elsewhere, making Pinal County a hot spot for economic development over the last few years. Here are 10 of the biggest economic development wins for Pinal County.
READ ALSO: Could Pinal County become the Detroit of electric vehicles?
Lucid Motors
Anticipated number of employees: 6,120
Anticipated capital investment: $1.9 billion
Details: Positioned on a 590-acre site, Lucid’s AMP-1 is the first greenfield, dedicated electric vehicle factory to be built in North America. The nearly 1-million-square-foot facility will manufacture Lucid Air Dream Edition models.
LG Energy Solution
Anticipated number of employees: 2,800
Anticipated capital investment: $2.8 billion
Details: LG Energy Solution will build its first ever cylindrical-type battery facility in North America and the location is Queen Creek.
Nikola
Anticipated number of employees: 1,762
Anticipated capital investment: $800.8 million
Details: Earlier this year, Nikola marked the beginning of its commercial serial truck production of the Nikola Tre BEV (battery-electric vehicle).
Kohler
Anticipated number of employees: 500
Anticipated capital investment: $376 million
Details: Kohler will produce its high-growth lines of STERLING Vikrell bath and shower fixtures in Casa Grande.
Chang Chun Petrochemical Group
Anticipated number of employees: 209
Anticipated capital investment: $400 million
Details: Chang Chun Petrochemical Group is planning to build a new plant on 84 acres in the Pinal County Technology Park near the Casa Grande industrial corridor.
Kanto Corp.
Anticipated number of employees: 161
Anticipated capital investment: $237 million
Details: The Taiwanese semiconductor industry supplier plans to build a manufacturing facility in in Casa Grande to support the semiconductor industry.
Gold Bond Building Products
Anticipated number of employees: 100
Anticipated capital investment: $250 million
Details: Gold Bond creates innovative products that improve efficiency and are formulated to meet evolving construction demands.
Air Products
Anticipated number of employees: 75
Anticipated capital investment: NA
Details: Air Products and Chemicals is looking to build a facility in Casa Grande, where it could produce low carbon intensity liquid hydrogen and other gases for the clean fuel transportation industry.
Jing He Science Arizona
Anticipated number of employees: 57
Anticipated capital investment: $100 million
Details: Taiwan-based Jing He Science Co. provides electronic grade gases and chemicals and specialty chemicals to clean semiconductor wafers.
LCY/Owens Corning
Anticipated number of employees: 50/50
Anticipated capital investment: $15 million/$9 million
Details: Owens Corning, a global building and industrial materials leader, announced plans to restart production at its insulation manufacturing facility in Eloy.
