By AZ Business Magazine
Experts say rising land prices in Maricopa County have forced some companies to look elsewhere, making Pinal County a hot spot for economic development over the last few years. Here are 10 of the biggest economic development wins for Pinal County.
Lucid Motors
Anticipated number of employees: 6,120
Anticipated capital investment: $1.9 billion
Details: Positioned on a 590-acre site, Lucid’s AMP-1 is the first greenfield, dedicated electric vehicle factory to be built in North America. The nearly 1-million-square-foot facility will manufacture Lucid Air Dream Edition models.