west valley
Volume 33 Issue 27 Goodyear, AZ
April 20, 2022
KORE Power closes on property in Buckeye BY LAUREN SERRATO
West Valley View Staff Writer
G
IN THE BIZ
lendale-based The Mangat Group closed on a land deal with leading U.S.based battery developer KORE Power. The lithium-ion battery manufacturer plans to build KOREPlex, a 2 million-square-foot lithium-ion battery manufacturing facility, on the 214 acres at State Route 85 and Baseline Road in Buckeye. Tony Mangat, founder of The Mangat Group, purchased the property in December 2020 with the hopes of finding a buyer who would use it to support the community. Despite receiving higher offers, Mangat was confident that the project will have positive economic development. “This new battery facility is for the greatest good for the community,” Mangat said. “KORE Power will provide multiple job opportunities for local residents, especially as the city continues to grow. A large employer like KORE Power allows residents to cut their commute, creating a more sustainable, affordable and convenient lifestyle and further advancing sustainability efforts.” According to KORE, the company will have 3,000 employees at full annual production. The project is expected Public Notices ............... page 3 © Copyright, 2022 West Valley View, Inc.
to generate approximately 10,000 indirect jobs for the city of Buckeye. “The KOREPlex project will cement Buckeye’s position as a leader in cleantech as our highly trained employees deliver the battery cells that will form the backbone of the green economy across the United States and the globe,” said Lindsay Gorrill, founder and CEO of KORE Power. Mangat said Buckeye is the perfect place for this project because of its proximity and ease to transfer materials to and from the site. “The location is ideal, and it is vital,” he said. “They’re going to have a lot of stuff for KORE coming from overseas. All that raw material will be coming from overseas, and of course they’re going to ship overseas. Everything on that land makes perfect senses for them to be there. It’s going to save a lot of money and a lot of headaches.” (USPS 004-616) is published weekly
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Additionally, Mangat said the project will benefit the community and the environment. “It’s pretty amazing all the way around,” he said. “I think a lot of people have the wrong idea about us coming in. But we need to get a little more of a destiny for the future, and this will help.” KORE’s battery manufacturing facility is just one piece of Buckeye’s sustainability goals and industrial growth. The facility is part of a larger initiative known as the Sustainable Valley, an area used to attract other green energy companies. “Buckeye is proud to be emerging as a leader in green energy, with KORE Power leading the way,” Buckeye Mayor Eric Orsborn said. “The opportunities for additional clean energy companies relocating along the SR 85 Corridor, around the Buckeye Municipal Airport and in our Downtown core are endless. Buckeye provides many benefits to sustainable industries, including a strategic location with available sites, efficient and cost-effective transportation options, and a high quality of life. The city would also like to thank Mr. Mangat for his time and efforts in bringing KORE Power to Buckeye. His commitment to the project ensures the Sustainable Valley becomes a reality.” Subscriptions are $26 for 2 years, $14 for one year. Periodicals postage paid at Phoenix, AZ 85026.
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