The upcoming Peoria Amkor semiconductor packaging and testing plant will span 500,000 square feet of clean room space and bring about 2,000 job opportunities to the thriving area. According to the Phoenix Business Journal, this facility is projected to become the largest outsourced packaging plant in the United States. Amkor will be responsible for packaging and testing chips for industry leader Taiwan Semiconductor Manufacturing Co., whose massive factory is currently being constructed nearby.
Recently approved by City Council, a development agreement has been established between Amkor and Vistancia community’s master developer in Peoria regarding public infrastructure costs. This also sets a timeline for construction commencement and employment recruitment.
As per this agreement, the company has committed to constructing its facility in two phases with an investment of at least $700 million while hiring a minimum of 850 individuals with annual salaries starting at $60,000. The new plant will occupy 55 acres near Loop 303’s northwest corner as well as Vistancia Boulevard.
Amkor products are widely used in smartphones, tablets, automotive manufacturing processes,
computing systems,and consumer electronics such as gaming consoles.
The article “Amkor Moving Ahead on $2B Peoria Plant” was originally published on Connect CRE.
