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Korean electronics giant LG plans $2.8 billion plant in Queen Creek

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Posted at 8:44 AM, Mar 22, 2022
and last updated 2022-03-22 22:49:08-04

South Korea-based electronics giant LG is planning a $2.8 billion plant in Queen Creek, which town documents say will create 2,800 jobs and include 1 million square feet of new development.

Queen Creek Town Council voted at its March 16 meeting on a development agreement and foreign trade zone recommendation for ES America LLC for 300 acres of land that are part of a larger, 650-acre parcel that will be sold at an Arizona State Land Department auction on April 19. The items were approved 5-2 without discussion from the Council. Councilmembers Leah Martineau and Emilena Turley voted against approval.

City documents show that the company chose Queen Creek after a “national search involving multiple states and regions.”

According to the Arizona Corporation Commission, LG Energy Solution Ltd. is principal of ES America.

Read more of this story from the Business Journal.