XNRGY to invest US$300 million in Phoenix

Category: Investment
Published: 2022-01-27
XNRGY to invest US$300 million in Phoenix

PHOENIX – XNRGY, one of the largest manufacturers of custom air handling systems in North America, announced the construction of a new plant in the city of Phoenix, which will be designated as its headquarters.

The company is growing exponentially due to the high demand for its premium air conditioning technologies. The new facility will have one million square feet, and its construction represents an estimated investment of US$300 million and will create more than 900 jobs for residents.

With the new Arizona factory, the company’s total capacity is expected to increase to 1.25 million square feet, including the Montreal expansion.

“We are grateful that XNRGY has chosen Arizona as the location for its U.S. headquarters. The investment strengthens the state’s supply chain and proves once again that there is no better place for advanced manufacturing,” said Gov. Doug Ducey.

Wais Jalal, president and CEO of XNRGY Climate Systems indicated that sustainability and environmental impact are more important than ever, which is why the company has set itself the challenge of meeting the requirements of the Paris Climate Agreement by 2030.

The new Arizona facility will increase the company’s manufacturing footprint eightfold. The plant will focus on research and development, spearheading innovation to facilitate rapid growth and demand for HVAC systems.

The implementation of vertical integration, full automation and elimination of supply chain delays will streamline product delivery and significantly reduce lead times compared to the industry average.

XNRGY is developing solutions that do not use millions of gallons of water per day. These systems are integrating very high efficiency cooling components along with proprietary machines that move air.

Maricopa County is the fastest growing region in the United States. Ranked as one of the top ten states in the country for its business environment, Arizona is experiencing the second fastest rate of manufacturing job growth and the fastest population expansion.

Source: MEXICONOW Staff