2 minute read
BIGGEST WINS
A look at Pinal County's success
Over the past year, Pinal County has witnessed significant economic development wins that have propelled its growth and attracted attention from investors and businesses alike. Several key achievements have contributed to the county’s success and solidified its position as an emerging economic powerhouse in the region.
One of the biggest wins for Pinal County has been the establishment of new manufacturing facilities. The county has seen a surge in industrial development, with major companies setting up operations and creating job opportunities for the local workforce. These investments have not only boosted the county’s economy but also fostered a sense of economic resilience.
Additionally, Pinal County has experienced notable advancements in renewable energy. The region’s abundant solar resources have attracted solar power companies, leading to the construction of largescale solar farms. This clean energy infrastructure has not only bolstered the county’s sustainability efforts but also brought in substantial investments, creating a positive impact on the local economy. Furthermore, Pinal County has witnessed significant growth in the logistics and distribution sector. The county’s strategic location, with close proximity to major transportation routes, has made it an attractive destination for distribution centers and logistics hubs. These developments have generated numerous job opportunities and stimulated ancillary industries, such as transportation and warehousing.
Overall, Pinal County’s biggest economic development wins in the past year can be attributed to the establishment of new manufacturing facilities, the growth of renewable energy projects, and the expansion of the logistics and distribution sector. These achievements have not only driven economic growth but also positioned the county as a hub for innovation, sustainability and job creation. As Pinal County continues to thrive, it is poised to become an even more significant player in the regional and state economies.
Here are Pinal County’s 12 biggest recent economic development wins:
LG ENERGY SOLUTION
Total anticipated capital investment: $5,500,000,000
Total anticipated number of employees: 3,700
LUCID MOTORS
Total anticipated capital investment: $1,900,000,000
Total anticipated number of employees: 6,120
NIKOLA
Total anticipated capital investment: $800,800,000
Total anticipated number of employees: 1,762
PROCTOR & GAMBLE
Total anticipated capital investmen: $5,500,000,000
Total anticipated number of employee: 3,700
CHANG CHUNG
Total anticipated capital investment: $400,000,000
Total anticipated number of employee: 209
KOHLER
Total anticipated capital investmen: $376,000,000
Total anticipated number of employee: 500
KANTO PPC
Total anticipated capital investment: $237,000,000
Total anticipated number of employees: 161
GOLD BOND BUILDING PRODUCTS
Total anticipated capital investment: $250,000,000
Total anticipated number of employee: 100
AIR PRODUCTS
Total anticipated capital investmen: $100,000,000
Total anticipated number of employee: 75
JING HE SCIENCE ARIZONA
Total anticipated capital investmen: $100,000,000
Total anticipated number of employee: 57
LCY ELECTRONIC MATERIALS
Total anticipated capital investment: $15,000,000
Total anticipated number of employee: 50
OWENS CORNING
CHARGING UP ECONOMY: LG Energy Solution will invest approximately $5.5 billion to construct a battery manufacturing complex in Queen Creek. The complex will consist of two manufacturing facilities one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). (Rendering provided by LG Energy Solution)
Total anticipated capital investment: $9,000,000
Total anticipated number of employees: 50
THE RIGHT CHEMISTRY: Chang Chun Arizona, a leading petrochemical supplier based in Taiwan, broke ground in 2022 on its first U.S. manufacturing facility in Casa Grande. The facility is expected to be operational in 2023 and create over 200 jobs, contributing to the rapidly growing semiconductor manufacturing industry in Arizona, as well as economic development of the G reater Casa Grande region. (Rendering provided by Chang Chun Arizona)