Contractor says KORE Power owes $10M for work on defunct …
1 day ago · W.G. Yates & Sons Construction Company, the contractor for KORE Power's abandoned battery factory project in Buckeye, Arizona, claims it is owed over $10 million in unpaid dues.
Contractor Yates Says Canceled Battery Plant Owner Owes It $10.4M
1 day ago · Battery manufacturer KORE Power Inc. is walking away from its plan to build a $1.25-billion plant in Buckeye, Ariz., a move that prompted the canceled project's contractor, W.G. Yates & Sons ...
Local, state officials react to KORE Power abandoning Buckeye …
Feb 5, 2025 · In the summer of 2023, KORE Power received a conditional commitment for an $850 million loan from the U.S. Department of Energy to help build the company’s massive battery plant in Buckeye.
KORE Power walks away from planned $1B battery plant in Buckeye
Feb 1, 2025 · KORE Power will not move forward with its planned $1 billion lithium-ion battery plant in Buckeye. The company cited restructuring and a focus on long-term success as reasons for abandoning...
KORE Power kills $1 billion Arizona EV battery factory plans
Feb 4, 2025 · KORE Power has scrapped plans for its $1 billion lithium-ion battery factory in Buckeye, Arizona, and its CEO and founder has resigned.
KORE Power scraps Buckeye battery plant, CEO steps down
Feb 1, 2025 · KORE Power Inc. has confirmed it will no longer build its proposed $1 billion battery manufacturing plant in Buckeye and has listed its 215-acre property for sale. The announcement comes as CEO Lindsay Gorrill steps down, effective Feb. 1.
KORE Power closes on purchase of KOREPlex Gigafactory site in Buckeye …
Apr 6, 2022 · KORE Power, Inc. has finalized the purchase of 214 acres in Buckeye, Arizona which will be the site of the KOREPlex.
KOREPlex Site Plan Receives Key Approval in City of ... - KORE Power
Mar 1, 2024 · The first and second phases of KORE Power’s U.S. lithium-ion battery manufacturing facility were unanimously approved; project will deliver a $1.25 billion investment in Buckeye, more than 700 construction jobs and 3,000 permanent jobs for Maricopa County when the facility is at full capacity.
KORE Power Receives Conditional Commitment for $850 Million …
Jun 9, 2023 · The loan will be used to fund the construction of KORE’s advanced battery cell manufacturing facility in Buckeye, Arizona. The KOREPlex, a 1,330,000-square-foot facility, will house multiple production lines to manufacture batteries for electric vehicles (EV) and energy storage systems in the United States.
Plan to build factory touted as Buckeye's biggest employer won't …
1 day ago · The report came about two weeks after a construction company filed a claim with Maricopa County alleging that KORE Power owes the company about $10.4 million. A city spokesperson says KORE Power built infrastructure where the factory would have gone and Buckeye officials plan to build more in the area. KORE Power did not reply to questions.
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