Queen Creek, Arizona, will be home to LG Energy Solution’s new state-of-the-art battery manufacturing facility.
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The $1.4 billion investment by the global battery producer will create thousands of new jobs and produce a cylindrical-type battery that is essential for electric vehicles. The LG facility is the first of its kind in North America.
Construction starts this summer and production commences in 2024.
The facility will feature a cutting-edge smart factory system including remote support, manufacturing intelligence, logistics automation and more.
The one-of-a-kind technology, along with the company’s expertise in the mass production of batteries, allows LG Energy Solution to meet consumer demands in a stable manner and secure the company’s leadership in the North American battery market.
Cylindrical batteries offer high-density, compact energy storage ideal for applications like electric vehicles. The state-of-the-art Arizona facility aims to establish LG Energy Solution’s presence in North America’s cylindrical battery market while providing opportunity for further expansion.
The state has seen recent multi-billion-dollar investments from global technology leaders such as Intel and TSMC while EV makers such as Lucid, Nikola, and ElectraMeccanica have production operations in the state.
“We are thrilled to welcome LG Energy Solution to Queen Creek,†said Queen Creek Mayor Gail Barney.
“The announcement of LG Energy Solution is the culmination of years of strategic planning. It will bring thousands of local jobs to our highly skilled workforce - enhancing the quality of life our residents experience, additional infrastructure and major capital investment. This isn’t just a win for Queen Creek, it will positively impact our region.
"Advanced manufacturing is a targeted sector and will be located adjacent to State Route 24. The area is planned for mixed use and will further the employment opportunities for Queen Creek, Pinal County, the greater East Valley and the state.†■