November 5, 2024 3:42 am
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Hybrid truck maker abandons Buckeye plans, opts for Coolidge

Nikola One / Nikola Motors

 

Disclosure: Rose Law Group represents Saint Holdings as the landowner

By Corina Vanek | Phoenix Business Journal

Nikola Motor Co., a hybrid semi-truck startup, has scrapped plans to build a manufacturing plant in Buckeye and will instead build it in Coolidge.

Nikola CEO Trevor Milton said the company was looking for a way to get the facility up and running faster than the Buckeye site would allow.

“Coolidge had a shovel-ready, 430-acre piece of property with the infrastructure already in place that will shave years off our construction time,” Milton said. “We have customers like Anheuser-Busch and US Express who are ready for their trucks, and with this move, we’ll be able to deliver much faster.”

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.