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Old Posted Nov 11, 2022, 9:08 PM
Obadno Obadno is offline
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Procter & Gamble unveils plans for $500 million manufacturing facility in Arizona

Quote:
Consumer goods giant Procter & Gamble Co. (NYSE: PG) unveiled its plans to build a massive fabric care manufacturing plant across more than 400 acres about an hour southeast of downtown Phoenix.

The Cincinnati, Ohio-based company said it plans to invest $500 million in the new factory at the 2,700-acre Inland Port Arizona in Coolidge, a massive industrial park located in the southern part of the city that is already home to Nikola Corp.'s manufacturing facility.

The new facility will total 2 million square feet and will support the company's fabric care portfolio, which includes products such as Tide PODS, Downy Unstopables and Bounce Dryer Sheets. It will be located on 432 acres along State Route 87 and Union Pacific rail line between Arica, Shedd and Vail roads, city documents show.

It's expected to be operational by 2025 and create about 500 jobs in Coolidge. P&G said its plant "aims to use" its most advanced and innovative manufacturing and sustainable technologies in its global manufacturing and supply chain operations.

City to vote on development agreement
Coolidge City Council has held executive sessions, which are closed to the public, to discuss potential economic development projects and agreements in recent months. Coolidge City Council will vote on the development agreement with P&G on Nov. 14's City Council meeting at 7 p.m. The full development agreement can be found on the city's website here.

The development agreement said that the city, Pinal County, Arizona Commerce Authority and Saint Holdings, the owner of Inland Port Arizona, have been working with P&G to develop its project. The city will vote on several incentives for the company, including up to $18.6 million in public infrastructure for the plant; designating the site as a Foreign Trade Zone, which can reduce property taxes by more than 70%; and hiring Elliott D. Pollack & Co. economic firm to conduct an analysis of the project.

The facility is still in the planning stages, according to the company, but said it plans to purchase land in the Inland Port Arizona in November and start construction next year. The facility will also be developed over multiple phases.

"The project is part of an ongoing supply chain strategy to best meet the needs of our consumers and customers and to meet the need for additional capacity due to the growth projection of the [North America] Fabric Care business," the company said.

The company said its facility will be P&G's 25th plant in the United States and its third greenfield site that it has built in the U.S. since 1971. A groundbreaking is planned for the spring or summer of 2023.

P&G is one of the latest large-scale manufacturing companies to announce plans for Arizona, which officials say has become an increasingly attractive state for manufacturers and has in recent years landed companies including Taiwan Semiconductor Manufacturing Co., countless suppliers and food and beverage makers like Rauch North America, Mark Anthony Brewing and Nestle USA.
https://www.bizjournals.com/phoenix/...-coolidge.html

We are really lucking out on this current wave of post covid deglobilization wave. So much manufacturing, could you imagine in 2006 telling people that it will soon be cheaper and better to make detergent, Dryer sheets, Faucets and electic cars in Arizona than in China lol!
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