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For Star subscribers: Tucson continues on positive trajectory, though economic uncertainty looms amid familiar challenges: a tight labor market, high housing costs and stubbornly high inflation.
American Battery Factory is investing $1.2 billion in Tucson with a manufacturing facility projected to create 1,000 jobs.
San Diego developer also announced plan for estimated $300M U.S.-based facility in undisclosed location that also will produce nickel-free and cobalt-free integrated cathodes
American Battery Factory said it will build a 2-million-sq-ft gigafactory to produce lithium iron phosphate battery cells that don't contain nickel or cobalt.
The site will provide an estimated 1,000 jobs, $1.2 billion in capital investment and $3.1 billion in economic impact to Arizona while accelerating the growth of America's clean energy economy.