W.L. Gore gets financing for $130M complex in Phoenix

February 15, 2010

By hammersmith

[Source: The Arizona Republic] – W.L. Gore & Associates Inc. plans to build a $130 million manufacturing facility in Phoenix that initially will employ 500 people and potentially 1,000 at build-out. The project is part of an expansion of the Newark company’s medical products division in Flagstaff.

The construction project is expected to employ an additional 1,800 workers. During the first phase, two 113,000-square-foot facilities will be built on a 40-acre site. The first phase is being built with $130 million in Industrial Development Authority Bonds, to be expended over 18 to 24 month of construction.

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