Top 10 economic development wins for Pinal County

Above: Lucid Motors built the first greenfield, dedicated electric vehicle factory built in North America less than a year ago, with the innovative AMP-1 factory now standing ready to start production of the next-generation EV, Lucid Air, in just a few months. Business News | 5 Aug |

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 ALSOCould 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.

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