WORKING TO MAKE YOUR SUCCESS SUSTAINABLE

SRP is planning for the energy future of Greater Phoenix and our customers.

It’s not enough to provide water and power that’s reliable and affordable. We expect them to be sustainable too. As we continue to find new ways to offer cleaner energy sources, we’re also launching new initiatives that make it easier for business customers to achieve their energy and carbon reduction goals. Together, we can make sustainable attainable.

See how we’re making a difference at powertogrowphx.com.

planned investment to $5.5 billion, adding a lithium iron phosphate battery facility that’ll open in 2026. Meanwhile, American Battery Factory pledged a $1.2 billion lithium iron phosphate battery plant in Tucson that will employ a thousand people once it scales up between 2026 and 2028.

Chip-related projects are in the works from Taiwan Semiconductor Manufacturing Co. (TSMC) in Phoenix, worth $28 billion with a boost of 2,500 jobs (a Manufacturing Project of the Year), along with semiconductor chemical suppliers Chang Chun Arizona and KPCT Advanced Chemicals, both of which are coming to Casa Grande. Chang Chun promises as many as 300 jobs in its $300 million facility that should begin production in 2024, while KPCT is investing $200 million in a 65 job plant that will open by 2025.

Still, the Arizona story is wellrounded, with announcements in a number of other sectors. That includes a Corning fiberoptic cable plant in Gilbert, Nestlé USA creamer production facility in Glendale, a Nucor steel expansion in Kingman, a Procter & Gamble consumer products production operation in Coolidge, XNRGY’s U.S. headquarters and production of air handling equipment in Mesa, and FrameTec production of roof and floor trusses as well as wall panels in Camp Verde. And Sendoso, a tech company, is moving headquarters and a thousand jobs from California to Phoenix.

EVs and Lithium-Ion Battery Projects

Hyundai Motor Manufacturing Alabama, LLC Montgomery, ALE200 $300 million

Mobis North America Electrified Powertrain, LLC

LG Energy Solution

Montgomery, ALE400 $205.1 million

Queen Creek, AZN1,500 $1.4 billion

American Battery Factory Tucson, AZN1,000 $1.2 billion

Hyundai Motor Group Ellabell, GAN8,100 $5.5 billion

FREYR Battery

Dieomatic Inc.

T/CCI

Newnan, GAN700 $2.6 billion

Williamsburg, IAE521 $46 million

LG

Inc. Holland, MIE1,200 $1.7 billion

Our Next Energy (ONE) Novi, MIN2,112 $1.6 billion

Magna Electric Vehicle Structures St. Clair, MIE1,224 $196.4 million

Piston Automotive Wentzville, MON204 $10 million

Nissan Canton, MSEN/A $500 million

VinFast Moncure, NCN7,500 $4 billion

Redwood Materials, Inc. Storey, NVN701 $1.1 billion

Electrovaya Elliott, NYN250 $75 million

GM Components Lockport, NYE230 $117 million

Li-Cycle

Rochester, NYE270 $359.3 million

Hondal/LG Energy Solution Jefferson Township, Marysville, Anna, East Liberty, OH N/E2,527 $4.2 billion

Ford Motor Company Avon Lake, OHE2,000 $1.5 billion

SEMCORP Manufacturing USA

Sidney, OHN1,199 $915 million

Crane Carrier Corporation New Philadephia, OH E434 $15 million

Redwood Materials

Ridgeville, SCN1,500 $3.5 billion

BMW Manufacturing Woodruff, SCE300 $1.7 billion

Envision AESC

Kontrolmatik Technologies

Florence, SCN1,170 $810 million

Walterboro, SCN575 $279 million

BMW Greer, SCE200 $200 million

Ultium Cells LLC

Duksan Electera America, Inc.

GreenPower Motor Co.

Spring Hill, TNE400 $275 million

Shelbyville, TNN101 $94.6 million

Kanawha County, WV N200 $6.7 million

The future is firmly rooted in Arizona as the home to cutting-edge manufacturers and suppliers from around the world. One of these companies is Taiwan Semiconductor Manufacturing Company (TSMC) whose recent $40 billion investment helped Arizona reach #1 in the nation for foreign direct investment. TSMC’s commitment to pushing the boundaries of chip making earned them the 2023 Manufacturing Project of the Year Award . Arizona also has received the 2023 Gold Shovel Award , marking the third and fi fth time the state has won each respective award.

Arizona is a premier location to catalyze advanced technologies and o ers a lifestyle that allows employees to achieve their personal goals with endless outdoor activities, vibrant arts and culture, and a ordable living. It’s this perfect balance that makes life better here—and provides the winning combination for global innovators.