Proctor & Gamble to Build $500M Plant in Phoenix-Area Town
Procter & Gamble Co. has acquired 430 acres in Coolidge, Ariz., for the development of a new industrial property to support the consumer goods company’s portfolio of fabric care products. P&G will invest $500 million to develop the 2 million-square-foot manufacturing facility in the suburban Phoenix city. The facility is expected to be the site of 500 new jobs.
Recently, P&G acquired the development site from Pinal Land Holdings LLC in a transaction valued at approximately $53.4 million. The acreage is located near Highway 87 and Arica Road within the 2,700-acre Inland Port Arizona industrial park, a rail-served mega site roughly 60 miles south of Phoenix.
Although it’s early in the process, a lot has already happened in preparation for the facility. On December 7, 2022, the Pinal County Board of Supervisors approved a public roadway construction and participation agreement between the county and the city of Coolidge to accommodate P&G’s planned facility. If all goes as planned, P&G will commence development later in 2023.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.