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HomeCity and State Gov'tNumbers don't lie. Arizona's economy wins with a Republican like Ducey in...

Numbers don’t lie. Arizona’s economy wins with a Republican like Ducey in office

Numbers don’t lie. Arizona’s economy wins with a Republican like Ducey in office

On Tuesday, LG Energy Solution announced a $1.4 billion battery manufacturing facility on a 600-acre site in Queen Creek, which will produce batteries for electric vehicles.

“With the establishment of our new Arizona plant, LG Energy Solution aims to deliver unparalleled consumer value in the rapidly growing cylindrical battery market,” Youngsoo Kwon, CEO of LG Energy Solution, said in a press release. It will be the first facility of its kind in North America.

LG Energy Solution joins companies like Intel, TSMC, Lucid, Nikola and ElectraMeccanica in bringing high-tech manufacturing to the Grand Canyon State.

Meanwhile, in California, nearly 300 corporations have moved their headquarters out of the state since 2018, according to Stanford University’s Hoover Institution.

None of this is an accident. Instead, it is Gov. Doug Ducey’s shrewd economic policies that welcome job creators instead of chasing them away.
Read the full article.

Jon Gabriel
Arizona Republic Opinion
April 23, 2022

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