$500 Million Battery Assembly Plant Coming to Arizona

BUCKEYE, AZ—Kore Power Inc. is building a $500 million assembly plant here to produce lithium-ion batteries for electric vehicle charging stations, microgrids, utilities and other applications.

At full capacity, the 1 million square foot factory will be able to produce enough batteries each year to store 12 gigawatt-hours of electricity. That’s enough power to supply 3.2 million homes.

The company chose Arizona for the factory due to its track record of supporting energy storage, its growing clean transportation sector, and workforce availability. The location will also supply ample sunlight for a solar power installation.

“Arizona hit a home run,” said Kore Power CEO Lindsay Gorrill in a statement. “We’re fully committed to be a cornerstone of the state’s clean economy, and we’re proud to bring advanced cell manufacturing home to the U.S.”

Construction is scheduled to begin on the site by year end, with the goal of beginning production in the second quarter of 2023. The factory is expected to employ up to 3,000 people.

The ASSEMBLY Show South

ASSEMBLY is thrilled to return to the Music City Center in Nashville, TN for The ASSEMBLY Show SOUTH on May 1-2, 2024. This is a booming time for manufacturing and the U.S. South is right in the heart of the action. According to ASSEMBLY’s most recent annual capital spending survey, the South is projected to account for 31 percent of total spending this year, marking the fifth straight year this region has accounted for at least 30 percent of capital spending in the U.S.

In this session, manufacturers will learn how Quality function deployment (QFD) can transform consumers’ qualitative demands into quantitative parameters that will shape the design of their product and, ultimately, their manufacturing process.

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