Subsidy Tracker Individual Entry
: LG Energy Solution
: Queen Creek
: Construction of an EV battery manufacturing plant consisting of 11 buildings, totaling about 1.5 million square feet, on a 120-acre site.
Major Industry of Parent
Specific Industry of Parent
Type of Subsidy
Number of Jobs or Training Slots
Source of Data
: Subsidies reported by Corina Vanek for the Arizona Republican in "$1.4B battery plant that could become Queen Creek's largest employer gets go-ahead" on May 23, 2022.
: In 2022, it was announced that LG Energy Solution would build an electric battery plant in Queen Creek. The project qualifies for more than $71 million in local and state incentives including: $66.26 million in the form of state qualified facilities tax credits, $5 million from the Arizona Competes Fund, training reimbursements from Pinal County, and up to $700,000 in reimbursements for job creation from the city of Queen Creek. The LG facility has also been designated a Foreign-Trade Zone by the Queen Creek town council which comes with a 72.9% reduction in state real property taxes. Overlaps with main data: None.
: If an online information source is not working, check the Tracker inventory page
for an updated link.