Mangat Group held the property for more than a year after purchasing the site for $15 million in December 2020, according to real estate database Vizzda. Idaho-based KORE Power purchased about 214 acres in March 2022 for its planned lithium-ion battery manufacturing facility in Buckeye just west of its downtown area. The lithium-ion battery manufacturer paid Glendale-based Mangat Group, a real estate investment and development company, close to $29 million for the 214 acres of agricultural land on the southeast corner of State Route 85 and Baseline Road just west of downtown Buckeye.Ĭounty documents show that Project K LLC, an entity connected to KORE Power, purchased the property from Mangat Investment LLC with a down payment of $15 million, on March 31. Power plans to build a massive battery manufacturing facility at the southeast corner of State Route 85 and Baseline Road in Buckeye.Ĭoeur d'Alene, Idaho-based KORE Power moved forward with buying a large parcel that will house its 1 million-square-foot battery manufacturing facility in Buckeye. Battery manufacturer moves forward with land purchase in West Valley for future facility
