Summarizer(Buckeye)
KORE Power, a leading global battery cell technology company, will open a 1 million-square-foot lithium-ion battery manufacturing facility in Buckeye, Arizona, which will be the first domestic battery plant owned by a U.S. company in the nation.023 The facility will have a production capacity of up to 12 gigawatt hours (GWh) and is expected to create more than 3,000 new advanced manufacturing jobs in Arizona. KORE Power chose the Maricopa County site due to its proximity to complementary industries such as e-mobility, solar, semiconductor, and utilities, as well as the state’s tax and regulatory environment.2 The factory is expected to break ground in the first quarter of 2022, and the expected date for starting operations is mid-2023.