Arizona semiconductor industry grows with new facility announcement in Mesa – Washington Examiner
A new semiconductor plant is set to open in Mesa, Arizona, by the company KoMiCo, which will focus on repair, cleaning, and coating of semiconductors. The facility is expected to create around 200 jobs by 2026, coinciding with broader efforts to enhance the semiconductor supply chain in the U.S. The Arizona Commerce Authority has indicated that the company may be eligible for the Quality Jobs Tax Credit, which could amount to up to $351,000 as part of an initiative to promote business investment and job creation in the state. This will be KoMiCo’s third location in the U.S., involving a capital investment of $50 million. According to KoMiCo’s CEO, Shawn Jang, the partnership aims to further develop the Silicon Desert as a leading hub for semiconductor manufacturing in the country.
Arizona semiconductor industry grows with new facility announcement in Mesa
(The Center Square) – A new semiconductor plant for repair, cleaning, and coating is going to be coming to Mesa.
KoMiCo’s facility is anticipated to create 200 jobs when it opens in 2026, and the announcement comes as there are larger efforts to get a wide variety of aspects of the semiconductor supply chain in the United States.
The Arizona Commerce Authority told The Center Square that the company could qualify for the Quality Jobs Tax Credit for up to $351,000, and it provides $3,000 for up to three years ($9,000 total) for a company that is created a “net new quality job.”
“The primary goal of the Quality Jobs Tax Credit is to encourage business investment and the creation of high-quality employment opportunities in the state,” the authority stated in an email.
According to a news release, it is the company’s third location in the U.S. and a $50 million “capital investment.”
“KoMiCo is proud to partner with the City of Mesa in further establishing the Silicon Desert as the most technologically advanced semiconductor manufacturing region in the United States,” Shawn Jang, CEO, KoMiCo U.S., said in a statement.
Meanwhile, local leaders say that the develop is making the Phoenix area increasingly known for technological growth in the industry.
“KoMiCo’s technology allowing for the service of the most advanced chips in the world helps Greater Phoenix continue to distinguish itself as a leader in the semiconductor ecosystem,” said Chris Camacho, President and CEO, Greater Phoenix Economic Council, said in a statement. “Innovation begets innovation, and we look forward to seeing how KoMiCo’s offerings will help other companies within the local supply chain grow.”
Intel and Taiwan Semiconductor Manufacturing Company have most notably been granted major funding through the CHIPS and Science Act to develop the critical technology outside of Asia, as the industry continues to navigate hurdles with finding the right staff and dealing with high costs. Those companies both choose Arizona for their facilities. The push to have more semiconductor growth domestically is tied with tensions rising between Taiwan and China, and most of the industry is saturated in Taiwan and surrounding areas.
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