Rioglass Building $95M Surprise, Arizona Solar Reflector Plant
08/12/2010
The first phase, expected to be operational by 2011, will encompass a 130,000-square-foot headquarters. The second phase will add another 130,000 square feet of production space, an additional $45 million investment, and approximately 100 new jobs.
The city of Surprise has agreed to waive $290,000 of review and public infrastructure costs. It will also invest $865,000 in rail and electricity upgrades for the facility. The company will also have access to the AZ TechCelerator, a local business incubator. The federal government has kicked in $10.6 million in tax credits.
Rioglass produces glass sheets for thermo-electric power stations. The product will be used at Abengoa's Solana Generating Station, slated for Gila Bend, Arizona. Last month, the U.S. Deparmtent of Energy extended a $1.45 billion loan to Abengoa to build that station.
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