ARIZONA – Nikola Motor Company and Saint Holdings have announced the acquisition by Nikola of approximately 400 acres of property in Pinal County at Inland Port Arizona in Coolidge.
The company plans to build its hydrogen-electric class 8 trucks at its manufacturing facility at the location. The company anticipates the project will bring approximately 2,000 jobs to the region by 2024.
“We are excited to have Pinal County and the city of Coolidge as the future home of our manufacturing facility. Both the county and the city have been extremely helpful as we work to make this project happen”, said Britton Worthen, Nikola’s Chief Legal Officer and Company Lead for the site selection process.
For his part, Tom Stringer, BDO’s Site Selection and Incentives Practice Leader, said that the partnership between Nikola and Saint Holdings has been exemplary from the start. Nikola’s vehicles and market vision coupled with Saint Holding’s world-class manufacturing destination has created the perfect economic development engine for the new automotive industry in Arizona.