November 5, 2024 9:26 am
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Behind the deal: How Nikola Motor steered its trucking technology to Arizona

A conceptual drawing of a Nikola Motor semi-truck to be manufactured in Arizona. / Nikola Motor Corp. / Phoenix Business Journal 

 

Disclosure: Rose Law Group represents Saint Holdings as the landowner

By Hayley Ringle | Phoenix Business Journal

Two years ago, Greater Phoenix Economic Council President and CEO Chris Camacho received a call from a national consultant asking him to immediately fly to Utah, to see a promising startup.

That trip to Salt Lake City helped land what might be 2,000 jobs from a fledgling alternative fuel semi-truck maker Nikola Motor Co., which announced earlier this year it would locate its headquarters in Arizona.

When Camacho arrived in Utah in December 2016, he had company. Nikola had brought in about 500 investors and economic developers for a showcase meant to kick off bidding for the headquarters and help the company land funding.

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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.