Battery manufacturer moves forward with land purchase in Phoenix metro for future facility

(Photo via City of Buckeye)

By Audrey Jensen | Phoenix Business Journal

Coeur d’Alene, Idaho-based KORE Power moved forward with buying a large parcel that will house its 1 million-square-foot battery manufacturing facility in Buckeye.

The lithium-ion battery manufacturer paid Glendale-based Mangat Group, a real estate investment and development company, close to $29 million for the 214 acres of agricultural land on the southeast corner of State Route 85 and Baseline Road just west of downtown Buckeye.

Read the full subscription story from the Phoenix Business Journal.

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