KORE Power has received approval for the construction of the initial two phases of its KOREPlex project in Buckeye, Arizona, US.
The project, which secured approval from the City of Buckeye’s Planning and Zoning Commission, will produce lithium-ion batteries for the transportation and energy storage sectors and is expected to deliver a $1.25bn investment in the city.
Construction of the KOREPlex’s first phase is set to commence this year, following the anticipated final approval from Buckeye’s City Council.
Buckeye mayor Eric Orsborn said: “The KOREPlex is a signature project for the City of Buckeye and represents an investment that will bring significant job creation and responsible development to our community.
“We have worked closely with KORE Power to move the project forward, and with that, have built a foundation for future collaboration.”
The first phase will include the construction of a 909,000ft² manufacturing hall to produce lithium-ion cells and modules.
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By GlobalDataAdditionally, the campus is planned to feature a 28,000ft² administration building and 14 other structures to provide storage and supplementary services.
A utility substation and switchyard will also be built to cater to the electrical requirements of the facility.
The second phase will see the addition of another 909,000ft² manufacturing hall, along with enhancements such as solar car ports for the parking area and more support buildings.
Buckeye Valley Chamber of Commerce president and CEO Deanna Kupcik said: “The KOREPlex represents a return of good paying jobs that will support American families by building products that are in high demand, and these jobs will be available to many people who need those jobs. This is a win for Buckeye and a win for Maricopa County.”
The commencement of first-phase construction is expected to generate approximately 700 jobs.
Once operational, the KOREPlex is anticipated to create more than 1,250 jobs, with the majority being accessible to individuals holding a General Educational Development qualification.
This comes after the company introduced its first sustainability programme last month, pledging to achieve net-zero business emissions and implement inclusive employment practices.