A major manufacturing expansion is headed to the West Valley, adding momentum to Arizona’s industrial growth and long-term housing demand.
Key details:
- Electric Research and Manufacturing Cooperative Inc. (ERMCO) is opening a 566,121-square-foot manufacturing facility in Waddell.
- The site is located at 15784 W. Hatcher Road within Virgin Industrial Park.
- The project is expected to create more than 500 jobs.
- The facility will focus on three-phase distribution transformer manufacturing.
- Operations are expected to begin in 2027, with foundational work starting in 2026.
- The building was purchased for $90.5 million from IndiCap and Invesco.
- This marks ERMCO’s first manufacturing operation west of the Mississippi River.
- Company leaders cited Arizona’s business climate, labor market, and proximity to Western U.S. customers as key drivers.
Why this matters to Arizona investors:
- Large-scale industrial employment drives long-term rental demand, especially for workforce and mid-income housing.
- West Valley submarkets continue to attract manufacturing, logistics, and infrastructure investment.
- Job growth supports rent stability and absorption, particularly for single-family rentals in emerging corridors.