Please ensure Javascript is enabled for purposes of website accessibility
Company Cancels Proposed $3.3B Gasoline Plant in Southern Arizona
gvw_ap_news
By Associated Press
Published 4 years ago on
November 13, 2020

Share

CASA GRANDE, Ariz. โ€” Construction of a proposed gasoline plant in southern Arizona that would have generated more than 2,000 jobs has been halted after the company planning the project reprioritized its projects, a local official said.

Houston-based Nacero LLC announced in March that it would build the $3.3 billion plant to convert natural gas into gasoline in the small city of Casa Grande, south of Phoenix, creating about 2,000 construction jobs and 265 permanent jobs, The Casa Grande Dispatch reported.

Construction was originally scheduled to begin in 2021 and be completed by 2025.

But Casa Grande City Manager Larry Rains said that the city received a notice weeks ago from the company of its decision to reorder which plants it will build, placing the Casa Grande project the third on its list.

Nacero representatives said the company plans to withdraw its draft agreement with the city and release property owners from a land transaction.

Arizona State University had estimated that the project would have added $6.9 billion to the stateโ€™s economy over 40 years, not counting income taxes, company officials previously said in a statement.

โ€œWhile we fully understand that business decisions must be made, it was reassuring to hear from the Nacero team that they couldnโ€™t have received a better reception and interaction from our elected body, staff and community,โ€ Rains said.

RELATED TOPICS:

DON'T MISS

Dodgers Extend Perfect Start Behind May and Bettsโ€™ Heroics

UP NEXT

Lakers Hold Off Rockets With 6 3-Pointers Apiece From Dorian Finney-Smith, Gabe Vincent

Crawfordโ€™s Win Secures Liberal Majority on Wisconsin Supreme Court, Deals Blow to GOP

21 minutes ago

Tesla Sales Tumble 13% as Musk Backlash, Competition and Aging Lineup Turn off Buyers

28 minutes ago

Dodgers Extend Perfect Start Behind May and Bettsโ€™ Heroics

LOS ANGELES  โ€” Dustin May pitched five strong innings after missing nearly two years, Mookie Betts hit his third go-ahead homer of the seaso...

2 minutes ago

Los Angeles Dodgers' Mookie Betts hits a two-run home run against the Atlanta Braves during the sixth inning of a baseball game Tuesday, April 1, 2025, in, Los Angeles. (AP/Kevork Djansezian)
2 minutes ago

Dodgers Extend Perfect Start Behind May and Bettsโ€™ Heroics

The Fresno County Coronerโ€™s Office is seeking the publicโ€™s help in locating the family of Oscar Alcoser, 46, who was fatally struck by a vehicle in Fowler on Tuesday, March 25, 205. (Fresno County SO)
13 minutes ago

Fresno County Authorities Seeks Publicโ€™s Help in Finding Family of Man Killed by Vehicle

Student athletes hold signs during a hearing to consider bills to pass rules banning transgender student-athletes Tuesday, April 1, 2025, in Sacramento, Calif. (AP/Yuri Avila)
13 minutes ago

California Lawmakers Reject Bills to Restrict Transgender Youth in School Sports

Wisconsin Supreme Court candidate Susan Crawford speaks during her election night party after winning the election Tuesday, April 1, 2025, in Madison, Wis. (AP/Kayla Wolf)
21 minutes ago

Crawfordโ€™s Win Secures Liberal Majority on Wisconsin Supreme Court, Deals Blow to GOP

Officers from Ottawa Police Service (OPS) are seen at a Tesla Service and Showroom centre after it was damaged with pink spray paint in Ottawa, on Monday, March 31, 2025. (Spencer Colby/The Canadian Press via AP)
28 minutes ago

Tesla Sales Tumble 13% as Musk Backlash, Competition and Aging Lineup Turn off Buyers

Palestinians grieve over the bodies of their relatives, who were killed in an Israeli airstrike, as they prepare for burial at a hospital in Beit Lahiya, Gaza Strip, on Wednesday, April 2, 2025. (AP/Jehad Alshrafi)
38 minutes ago

Israelโ€™s Operations in Gaza Expands to Seize โ€˜Large Areas.โ€™ Palestinians Say Dozens Killed

Sgt. Tyler Midyett of the Emmet County Sheriff's Department works along with Sgt. Mitch Wallin, not pictured, to clear fallen trees from along Eppler Road in Petoskey, Mich., Tuesday, April 1, 2025, as cleanup from the weekend's ice storm continues. (Jan-Michael Stump/Traverse City Record-Eagle via AP)
45 minutes ago

Forecasters Warn of Deadly Floods and Strong Tornadoes in Parts of the Midwest and South

Val Kilmer poses for a portrait, Jan. 9, 2014, in Nashville, Tenn. (AP File)
1 hour ago

Val Kilmer, โ€˜Top Gunโ€™ and Batman Star With an Intense Approach, Dies at 65

Help continue the work that gets you the news that matters most.

Search

Send this to a friend