November 21, 2024 2:51 pm
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S. Korean company: Evaluating investment options including factory in Queen Creek

VIA TOWN OF QUEEN CREEK

By Janet Perez | Your Valley

South Korean company LG Energy Solution says that at this time the company has yet to make any decisions on its plans to build a multibillion-dollar electric vehicle battery factory in Queen Creek.

“Given the unprecedented economic condition and investment circumstances in the U.S., LG Energy Solution is currently reviewing various investment options, but no decision has been made,” wrote Sophia Sojeong Kim, a specialist with LGES’ Global Communications Team, in an email to the Queen Creek Independent.

Song’s statement did not address the questions of whether construction on a planned manufacturing plant could be delayed or scrapped altogether.

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