In December 2022, American Battery Factory (ABF) announced that Tucson had been selected as the company’s corporate headquarters and site of the country’s largest facility for the production of lithium iron phosphate battery cells. On January 24, 2023, the Mayor and City Council approved a Primary Jobs Incentive development agreement with ABF. The City of Tucson Primary Jobs Incentive is a financial tool that supports the City’s efforts to attract quality jobs and investment. The incentive provides up to a 100% reimbursement of construction sales tax to qualifying expenses such as required public infrastructure improvements, offsets to impact fees, and...

For the written story, read here >> https://www.signalsaz.com/articles/american-battery-factory-agreement-approved-by-tucson-mayor-and-council/

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