Right to Work Arizona Sparks Attention From EVelution Energy
EVelution Energy is establishing a new facility in Yuma County, Arizona, no doubt as a result of the state’s Right to Work benefits. In order to accomplish this, the EV battery company is investing a total of $200 million toward the project. They will also create 60 new jobs. So this is exciting news!
From Area Development Magazine:
“We are very excited to develop a domestic EV battery-material production facility, particularly a solar-powered facility, which is of key importance to the United States. […] Our new production facility will bring back basic infrastructure and re-onshore jobs and technology to the United States and decrease our reliance on other countries for critical EV battery materials. We are grateful to Governor Hobbs, Senator Sinema and Senator Kelly, the Arizona Commerce Authority, the Greater Yuma Economic Development Corporation and M3 Engineering for their partnership, as well as Yuma County and the Yuma County Board of Supervisors for their support.†[…]
“EVelution Energy’s new facility represents a significant addition to Arizona’s battery manufacturing ecosystem. […] We are grateful to EVelution Energy for choosing Yuma County for this innovative facility that will drive further economic growth in rural Arizona.†[…]
“The Greater Yuma EDC is proud to support the EVelution Energy Project in Eastern Yuma County. […] The combination of new legislation, increased EV vehicle production and worldwide EV battery shortages have all led to the vision and future deployment for this cobalt processing facility, which will create a tremendous positive impact on the nation’s EV supply chain, the Department of Defense’s critical minerals supply chain, and attract opportunities from new U.S. mining sources, further reducing costs and securing the supply chain. We sincerely appreciate the support this project has received from the federal government, state government and local jurisdictions to help make this a reality.â€
AREA DEVELOPMENT MAGAZINE
To read the previous economic update on Right to Work states, click here.