"As many may know, the KORE Power North America Factory Site Selection Team has been strategically traveling around the continental U.S. exploring potential sites for our factory.

This undertaking is vital not only to KORE Power in securing a larger global manufacturing footprint but also towards creating a meaningful partnership within the selected community - delivering well over two thousand jobs and a substantial economic impact upon the facility opening.

Even in today's modern age of information-at-lightspeed and telepresence everywhere, the fundamentals of an available qualified workforce, along with proximity to logistics and transportation infrastructure, tend to be weighted heavily in the selection process. The amount of raw materials required for manufacturing operations, and the weight/value of the finished goods is awe-inspiring (and none of it travels in a FedEx box).

With 2020 now upon us, we are focused on finishing the remaining scheduled site visits. While the amount of work remaining on this project is immense, it's tempered by the experiences of meeting and learning about some truly amazing States, Counties, Cities, Utilities, and Jurisdictional Organizations in this great land!"

KORE Power's first state visit: Taite McDonald, Mark Hagedorn, Vice President of Operations with Governor Ducey of Arizona.

About KORE Power:

KORE Power, Inc. (KORE) is headquartered in Coeur d’Alene, Idaho, with operations in Waterbury, Vermont, and Buckeye, Arizona. KORE is the leading U.S.-based developer of battery cell technology for the clean energy industry. With clients in energy storage, e-mobility, utility, industrial and mission-critical markets, KORE Power provides the backbone for decarbonization across the globe. As the first U.S.-based, American-owned, and fully integrated provider of cells, batteries, and solutions, KORE is uniquely positioned to serve these markets. Through the construction and operations of its large-scale battery cell manufacturing facility in the U.S., KORE is positioned to operate at 12 GWh per year capacity. The facility (the “KOREPlex”) will operate with net-zero carbon emissions through strategic partnerships and solar and storage co-generation.
KORE Power’s differentiated approach provides customers with direct access, unparalleled service, superior technology, and Tier 1 product availability. Focused on building sustainable communities, clean energy jobs, and green economic expansion, KORE Power is proud to offer a functional solution to real-world problems and fulfill market demand to deliver a zero-carbon future. The KOREPlex is expected to come to Buckeye, Arizona, and be the anchor to the development of the Sustainable Valley by the end of 2024. For more information, visit www.korepower.com.

Media Contacts

Aleysha Newton

Marketing Director

+1 (208) 758-9392
anewton@korepower.com

David Jakubiak

Aileron Communications

+1 (312) 629-9400 ext. 14
djakubiak@aileroninc.com