Pinal County, Queen Creek officials optimistic battery facility construction pause won't last long

QUEEN CREEK, Ariz. — Construction crews at one-half of a $5.5 billion project in Queen Creek are at a standstill, all because of changes to the global market for battery power.The Town of Queen Creek and Pinal County officials brokered a deal with the Korean company LG to produce batteries for electric vehicles and for energy storage like the usage of solar panels.

However, the long-awaited completion of one of LG's buildings has been put on pause. In a statement to 12News, a spokesperson for LG said:"LG Energy Solution is adjusting the pace of planned investment execution efficiently and flexibly according to market conditions, and focusing on optimizing our operations. As part of such efforts, we are temporarily putting the construction of Arizona ESS battery facility on hold.

“If the market demands these type of things, they'll go forward. And so I but I don't think the market's going to change that much. I think we're just in a volatile time right now, especially because of the presidential election, and that's going to be a big difference on how things go," Goodman said.

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