(Disclosure: Rose Law Group represents Saint Holdings, the landowner in the deal.)
By Audrey Jensen | Phoenix Business Journal
Consumer goods giant Procter & Gamble Co. (NYSE: PG) unveiled its plans to build a massive fabric care manufacturing plant across more than 400 acres about an hour southeast of downtown Phoenix.
The Cincinnati, Ohio-based company said it plans to invest $500 million in the new factory at the 2,700-acre Inland Port Arizona in Coolidge, a massive industrial park located in the southern part of the city that is already home to Nikola Corp.’s manufacturing facility.
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“They had people flying in from all across the world … to check on this site as the chosen one,” Jackob Andersen, president of Saint Holdings, told the Business Journal. “Our hard work over the past decade, getting this right with the city, the county, positioning the zoning correctly with I-2 heavy industrial, ensure a rail service, working with the water resources to ensure water and sewer with oversight capabilities for big manufacturers like this, and sustainable capabilities for the water, for the reuse of the effluent.”
