Nikola Motor Company To Invest $1 Billion To Manufacture Innovative New Technology In Arizona

2,000 more Jobs for The Valley The Nikola One hydrogen-electric freight truck. Nikola Motors

Nikola Motor Company today announced the company has selected Buckeye, Arizona for its Nikola Motor Company hydrogen-electric semi-truck manufacturing headquarters facility. The new 500 acre, one million square foot facility will be located on the west side of Phoenix and will bring more than $1 billion in capital investment to the region by 2024.

After 12 months, nine states and 30 site locations, Arizona, Governor Ducey, Sandra Watson and Chris Camacho were the clear front runners. Arizona has the workforce to support our growth and a governor that was an entrepreneur himself. They understood what 2,000 jobs would mean to their cities and state,” said Trevor Milton, CEO and founder, Nikola Motor Company. “We will begin transferring our R&D and headquarters to Arizona immediately and hope to have the transition completed by October 2018. We have already begun planning the construction for our new zero emission manufacturing facility in Buckeye, which we expect to have underway by the end of 2019.”

Nikola Motor Company designs and manufactures hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems and hydrogen stations. The company is bringing the nation’s most advanced semi-trucks to market with over 8,000 trucks on preorder.

Nikola Motor Company selected Buckeye, Arizona due to numerous factors including the state’s pro-business environment, engineering schools, educated workforce and geographic location that provides direct access to major markets.

Development of the one-million square foot manufacturing plant on a 500-acre parcel at Sun Valley Parkway and the future Wintersburg Parkway is projected to begin by the end of 2019. The site is at one of the entrances to Douglas Ranch/Trillium, a new master planned community being developed by El Dorado Holdings and JDM Partners; this community is projected to ultimately be home to more than 300,000 residents.

“Conceived as the prototype “Smart City,” Trillium at Douglas Ranch aligns well with Nikola Motors groundbreaking technology,” said Jerry Colangelo, Co-Founder & Partner with David Eaton and Mel Shultz of JDM Partners. “We look forward to working with everyone here to bring Nikola’s innovative products and their 2,000 professionals into this city of the future, creating a tremendous economic opportunity for Arizona.”

“This is a great day not only for Arizona, but for Buckeye residents,” said Buckeye Mayor Jackie Meck, a Buckeye native and one of its elected officials for more than 20 years. “As the seventh fastest growing city in the country, Nikola Motor Company is a huge asset which will help us achieve our goal of providing a place where Buckeye residents can live, work and play. Additionally, I wish to thank our partners, El Dorado Holdings, Inc. and JDM Partners from Douglas Ranch/Trillium, who were instrumental in putting this deal together. I look forward to continued success together.”

 

 

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