Battery cell maker picks West Valley for $500 million plant, will hire 3,000

Battery cell maker picks West Valley for $500 million plant, will hire 3,000

 
Article Originally Posted By Phoenix Business Journal On July 29, 2021
 
 

After a search that lasted more than two years and included over 300 sites in 20 different states, KORE Power Inc. will build its manufacturing facility in Buckeye, where it expects to employ about 3,000 people.

Coeur d’Alene, Idaho-based KORE had narrowed its selection to sites in Arizona, Florida and Texas before deciding on the Grand Canyon State a few weeks ago, Lindsay Gorrill, CEO of the company, said. The plant is expected to total 1 million square feet.

“At the end of the day, we selected Arizona,” he said. “The governor’s team, Doug Ducey, the ACA, are so professional. The people here are solid.”

Gorrill said the site that the company has chosen, at MC 85 and Interstate 10, is perfect because it has easy access to the interstate and there will be an APS substation nearby. The site will also have a solar power setup where the building will store its own energy.
 
 

Big investment

KORE is one of few battery cell developers in the world, and the only one that is wholly owned by a U.S.-based company. The company produces battery cells, which can then be put into a variety of different forms, including for use in electric vehicles including trucks, boats and drones, and can also be used for energy storage, including for solar and wind power that needs to be stored and used at a later time.

Arizona is a growing hub for the production of electric vehicles and its batteries. Lucid Motors, Nikola Corp., ElectraMeccanica and Local Motors all chose to build their EVs in the state. Battery recycler Li-Cycle is building a facility in Gilbert and EV parts producer UACJ Whitehall is setting up shop in Flagstaff.