South Korean electric battery manufacturer LG Energy Solution has hit pause on one of two facilities it plans to build on 650 acres at Ironwood and Pecos roads in Queen Creek as part of a $5.5 billion investment in the town.
“LG Energy Solution (LGES) recently shared they are evaluating their U.S. projects,” according to a statement from the town of Queen Creek on Monday. “They’ve emphasized this does not impact phase 1, currently under construction; it does however impact phase 2, which was announced in March 2023. According to LGES, phase 2 is temporarily paused.”