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LG Energy Solution (KRX: 373220) announced on April 4, 2024 that its battery project in Arizona is currently under construction and is expected to be completed and operational in approximately two years. Full-scale hiring is projected to commence in the second half of 2025, with the workforce expected to reach several thousand employees. This marks LG Energy Solution’s second wholly-owned battery manufacturing facility in the United States. The company asserts that the establishment of this facility will further strengthen its competitiveness in the US market.

Last year, LG Energy Solution announced plans to construct a large-scale battery manufacturing complex in Arizona, with groundbreaking commencing in November. The first round of hiring is anticipated to begin by the end of this year. On April 3, the company held a stakeholder engagement meeting at Combs High School near Queen Creek, where the complex is located, to provide updates on the latest progress of this $5.5 billion investment battery project.

Source: WeChat Official Account—青蓝能源

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