The announcement says the project will create 2,000 new jobs and provide more than $1 billion in capital investment by 2024.
Nikola Motor CEO Trevor Milton says the company will move its headquarters and research and development to Arizona by October and has already started planning the construction of a 1 million-square-foot (.09 million sq. meter) facility.
“After 12 months, nine states and 30 site locations, Arizona, Governor Ducey, Sandra Watson and Chris Camacho were the clear front runners,” Milton said. “Arizona has the workforce to support our growth and a governor that was an entrepreneur himself. They understood what 2,000 jobs would mean to their cities and state.”
Gov. Ducey says this decision highlights the many benefits of doing business in Arizona. “Nikola Motor Company’s selection of Arizona demonstrates that we are leading the charge when it comes to attracting innovative, industry-disrupting companies,” Gov. Ducey said. “This incredible new technology will revolutionize transportation, and we’re very proud it will be engineered right here in Arizona. I thank Nikola’s CEO Trevor Milton and his entire team for this significant investment in our state.”
For more information, please visit the official press release here.
Photo: Nikola Motor