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Nikola Wins Gold and Silver Project of the Year Award from Area Development Magazine

By June 15, 2019 2   min read  (226 words)

June 15, 2019 |

Nikola Gold Silver Award Main

Nikola Motor Company recently announced that the company recently won the 2019 Project of the Year Award from Area Development magazine.

Area Development’s annual Gold and Silver Shovel Awards recognize states for their achievements in attracting high-value investment projects that will create a significant number of new jobs in their communities.

Nikola plans to open its headquarters this year and also start building its manufacturing facilities in Coolidge Arizona later this year.

“The decision by Nikola Motor Co. to build hydrogen-electric trucks in Coolidge, Arizona, also represents a $1 billion investment and the creation of 2,100 jobs.”

Additionally, having a shovel-ready site helped seal the deal according to a statement from Nikola Motor Co. CEO Trevor Milton: “Coolidge had a shovel-ready 430-acre piece of property with the infrastructure already in place that will shave years off our construction time…We have customers like Anheuser-Busch and US Xpress who are ready for their trucks, and with this move, we’ll be able to deliver much faster.”

“If you look at what’s happening in Arizona in this space, it’s starting to become ground zero,” says Tom Stringer, who leads the national Site Selection and Business Incentives practice with BDO, and who represented Nikola as a consultant. “This was an over year-and-a-half national selection process. We had very specific requirements, in an industry in its early stages of development.”

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