Arieca Inc.’s Post

Below is a recent article on TEGsense that may be of interest. https://lnkd.in/eu9_Dek7

Peoria City Council Approves Development Agreement Paving The Way For Amkor Technology, Inc.’s Advanced Semiconductor Packaging And Test Facility The Peoria City Council approved a Development Agreement with Tempe-based Amkor Technology, at the Tuesday night Regular Council Meeting, for the future location of their state-of-the-art advanced semiconductor packaging and test campus. Through the agreement Amkor has committed to develop the largest outsourced semiconductor packaging and test (#OSAT) facility in the United States, representing a $2 billion multi-phase investment in #Peoria, adding 2,000 new local jobs. The public infrastructure associated with the project, to be located in FIVE NORTH at VISTANCIA, a 320-acre mixed-use lifestyle and employment core, will be constructed and reimbursed by a three-way Joint Development Agreement with Vistancia Development LLC, #Amkor and the city of Peoria, of which the city will reimburse up to $3 million toward the cost of the public infrastructure. “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 Mayor Jason Beck. “Amkor is a great partner that will bring high-quality jobs and products to our community. I’m proud of Peoria’s team for the work they have done to bring these high-quality jobs back to America, the state of #Arizona, and the hard-working people of Peoria.” “Amkor’s new facility in #Peoria represents a pivotal milestone in advancing semiconductor #manufacturing within the United States,” said Giel Rutten, Amkor’s president and chief executive officer. “We are excited and proud to help spearhead the development of a robust American semiconductor #ecosystem here in the heart of the #SiliconDesert.” Read the full press release at https://lnkd.in/gZaSBVw9 To learn more about Amkor, visit https://amkor.com #semiconductors #semiconductorindustry #semiconductormanufacturing #semiconductorjobs #semiconductortechnology #electronicsmanufacturing #electronicsindustry #CHIPSAct #CHIPSforAmerica