LG Energy Solution Plans Queen Creek, Arizona, Battery Plant
Construction on the site will start this summer with production commencing in 2024. The state-of-the-art facility aims to establish LGES’s presence in North America’s cylindrical battery market while providing opportunity for further expansion.
The facility will feature a cutting-edge smart factory system including remote support, manufacturing intelligence, logistics automation and more. The technology, along with its expertise in the mass production of batteries, allows LGES to meet consumer demands in a stable manner and secure the company’s leadership in the North American battery market.
“With LG Energy Solution’s announcement, Arizona has cemented our reputation as the world’s production capital for cutting-edge battery technology,” said Sandra Watson, President and CEO of the Arizona Commerce Authority (ACA). “This high-tech facility further anchors Arizona as a hub for electric vehicles and sustainable technologies, bolstering our already robust EV supply chain. We are incredibly grateful to LG Energy Solution for investing in Arizona and to the many partners who helped land this transformational facility in our state.”
High-tech manufacturing, including semiconductors, electric vehicles, and batteries, is flourishing in Arizona, supporting the addition of thousands of new jobs through direct production and supply chain operations in recent years. 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.
"The addition of LG Energy Solution's high-tech battery manufacturing facility to Queen Creek is a massive investment that solidifies the market's position as a hub for battery technology and energy storage and is significant for Greater Phoenix as it continues to attract global leaders in emerging industries," said Chris Camacho, President and CEO of the Greater Phoenix Economic Council. "With ASU and the region's universities leading the way in workforce development, Greater Phoenix has the infrastructure and graduate pipeline to feed directly into this facility and the ecosystem surrounding it, which is creating thousands of quality high-paying jobs."
The Evolution of the Megasite
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Rail Gains Advantage Amidst Supply Chain Snarls
The 2021 Top States for Doing Business Reflect Their Locational Advantages
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Innovative and Collaborative Design Sets the Stage for Life Science Innovation
Trends in Data Center Site Selection