PEORIA, Ariz. — A newly approved semiconductor testing and packing facility will bring 2,000 jobs to Peoria.
Approval for the new Amkor Technology development, which represents a $2 billion multi-phase investment in the city, came at a city council meeting Tuesday night.
“Amkor is a great partner that will bring high-quality jobs and products to our community," said Mayor Jason Beck.
The project will be located at Five North at Vistancia. It comprises a three-way joint development agreement with Vistancia Development LLC, Amkor and the city.
Upon completion, the facility will be the largest outsourced semiconductor packaging and test facility in the country.
“Peoria is proud to be part of our country’s commitment to expand semiconductor advanced manufacturing and related industries here in the United States,” said Beck.
The city will reimburse up to $3 million toward the cost of the public infrastructure for the project.
Amkor’s president and CEO Giel Rutten said the development represents a pivotal milestone in advancing semiconductor manufacturing in the United States.
“We are excited and proud to help spearhead the development of a robust American semiconductor ecosystem here in the heart of the Silicon Desert,” said Rutten.
The Amkor facility will provide high-volume, leading-edge technologies for advanced packaging and testing of semiconductors and in doing so will provide support to the computing, automotive and communications industries.
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