Latest news with #Future48WorkforceAccelerator
Yahoo
22-04-2025
- Business
- Yahoo
What's under construction along Ironwood Road near State Route 24 in Queen Creek?
Location: Ironwood Road and Pecos Road in Queen Creek Description: The future LG Energy Solutions plant is underway with construction along Ironwood Road south of the State Route 24 exit. The battery manufacturing facility is expected to produce cylindrical batteries for electric vehicles. The project was halfway completed, according to a news release from the company in April. 'Thanks to the support from the state and local partners, our Arizona facility is now preparing for a successful completion, stepping up our commitment to localizing operations and charging the future of electrification hand in hand with our partners and employees,' said Richard Ra, the president of LG Energy Solution Arizona in a written statement on April 9. The roof of the building was finished and the concrete on the factory building was 85% complete in December. Several other detached buildings at the site are also under construction. Phase one of the plants is a $3.8 billion investment from the company. LG Energy Solutions is expected to hire 2,800 employees. The company commenced training its launch team members at a new workforce training center, which was established under Arizona's Future48 Workforce Accelerator program, in partnership with the Arizona Commerce Authority, Pinal County, and Central Arizona College, it stated in a news release. History of Site: The area has been part of the town's planning area since 2008 and was identified as an employment district. In 2019, the town annexed 4,100 acres of state trust land. LG Energy Solutions purchased 320 acres in 2022 with the option to buy an additional 320 acres at a later time. When will work be completed? The company aimed to start sample production in the middle of 2026 and commercial production by the end of the year, according to the company. In July 2024, LG Energy Solutions temporarily paused development of phase two of its Queen Creek plant while moving forward with the other phase. Source: Town of Queen Creek, LG Energy Solutions Like this story? Get more East Valley news straight into your email inbox by signing up for our free weekly East Valley Newsletter, which comes out on Wednesdays. Is there something under construction you'd like to tell us about or find out more about? Contact the reporter. Reporter Maritza Dominguez covers Mesa, Gilbert and Queen Creek and can be reached at or 480-271-0646. Follow her on X, formerly Twitter: @maritzacdom. This article originally appeared on Arizona Republic: The LG Energy Solutions plant is going up in Queen Creek
Korea Herald
06-04-2025
- Business
- Korea Herald
LG Energy Solution opens workforce training center in Arizona
Battery maker on track to begin mass production of cylindrical batteries at end of 2026 LG Energy Solution has opened a workforce training center in Arizona, where the battery maker is building its first cylindrical battery plant in the US, looking to foster local battery professionals as it gears up to start mass production next year. According to LG Energy Solution, the battery maker held a grand opening ceremony of the battery-focused Future48 Workforce Accelerator in cooperation with the Arizona Commerce Authority, Pinal County and Central Arizona College on Friday. The Future48 Workforce Accelerator is supported through a $30 million investment from the Arizona Commerce Authority to build advanced manufacturing training facilities across the state in partnership with local community colleges. Located at Central Arizona College's Superstition Mountain Campus in Apache Junction, the newly opened training center will provide education focused on the manufacturing process of cylindrical batteries used for electric vehicles and other applications. 'We will create 1,500 new employment opportunities overall by 2027, significantly thriving the local economy and further cementing Arizona's growing reputation as a hub for advanced manufacturing,' said Richard Ra, president of LG Energy Solution Arizona. 'This workforce training center at (Central Arizona College) will be a cornerstone of our effort, preparing a highly skilled workforce for the jobs of tomorrow for Arizonans by awakening their infinite potential.' Ra noted that the construction of the cylindrical battery plant is about halfway complete and the company aims to begin sample production midway through 2026 and start commercial production by the year-end. Besides the cylindrical battery production facility, LG Energy Solution's $5.5 billion battery manufacturing complex includes a plant for lithium iron phosphate, or LFP, pouch-type batteries for energy storage systems, or ESS. This facility is also expected to be completed and begin production next year.
