Amkor Technology Inc. is doubling down on Peoria, raising its projected 2026 capital spending to between $2.5 billion and $3 billion, with much of that investment directed toward the advanced packaging campus taking shape near Loop 303. The project is supported by more than $2.85 billion in government incentives and tax credits, funding tied to construction milestones as the … [More]
A Place to Call Home
Explosive growth of data triggers need for more Arizona-based centers
Arizona is playing a growing role in a global challenge: managing the enormous amount of data created every day. From smart devices to virtual meetings to online shopping, data is now at the heart of how businesses operate, as well as how people live and work. Behind all of it are data centers that store, process and move digital information around the clock. Several powerful … [More]
Powering Innovation
Council makes case for solar and battery systems to meet energy needs
It’s a straightforward equation: more businesses + more people = higher energy demand. This is what Arizona faces in communities both large and small across the state. And about the only thing to change in the calculation will be a multiplier that increases as the years pass and the commercial and resident populations grow. The Arizona Technology Council has embraced the … [More]
Strong AI Demand Pushes TSMC toward Its Next Phase in Arizona
Taiwan Semiconductor Manufacturing Co. is having a moment, and Arizona is watching closely. The world’s largest contract chipmaker reported a 35% jump in fourth-quarter profit, beating market expectations and capping a year of record performance driven largely by demand for advanced chips used in artificial intelligence. At the same time, TSMC signaled that its U.S. … [More]
DSV Builds Its Largest Arizona Facility in Mesa
This month, DSV began construction on a nearly 1 million-square-foot logistics facility in Mesa, equipped with state-of-the-art technology and sustainable design elements, including solar panels, just east of Phoenix-Mesa Gateway Airport. “DSV’s investment in a new 950,000-square-foot facility in southeast Mesa is a major vote of confidence in our region’s growing role in … [More]
Semiconductor Chemicals Firm Targets Casa Grande for Next Arizona Facility
Arizona’s chip growth is no longer confined to the City of Phoenix and its immediate suburbs
Arizona’s semiconductor growth is starting to show up in places beyond the major fab sites. Increasingly, it is appearing in land transactions, rail-served sites and industrial facilities built to support large-scale manufacturing. One of the clearest signals of that shift came in late December, when Sunlit Arizona purchased 40 acres in Casa Grande for a planned hydrofluoric … [More]
Guest Editor: Mary Foote, Arizona Office of Economic Opportunity
Where the Jobs Are Arizona, and Metro Phoenix particularly, have been seeing tremendous growth in population and business. But does that growth sync with the reality of jobs? Is job creation keeping pace, and is there available workforce that matches employer needs? This month, In Business Magazine takes on the topic of Jobs. But Arizona's approach to workforce development … [More]
