{"id":2328242,"date":"2024-08-21T10:01:59","date_gmt":"2024-08-21T14:01:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/arizona-semiconductor-industry-grows-with-new-facility-announcement-in-mesa-washington-examiner\/"},"modified":"2024-08-21T10:04:48","modified_gmt":"2024-08-21T14:04:48","slug":"arizona-semiconductor-industry-grows-with-new-facility-announcement-in-mesa-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/arizona-semiconductor-industry-grows-with-new-facility-announcement-in-mesa-washington-examiner\/","title":{"rendered":"Arizona semiconductor industry grows with new facility announcement in Mesa &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Farizona-semiconductor-industry-grows-with-new-facility-announcement-in-mesa-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2328242&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>A new <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-virginia-model\/\" title=\"The Virginia Model\">semiconductor plant<\/a> is set to\u200b open\u2062 in Mesa, Arizona,\u200b by the company KoMiCo, which will\u2063 focus \u200con repair, cleaning, and coating of semiconductors. The facility is expected\u200c to create around 200 jobs by 2026, coinciding with <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pressure-grows-on-biden-to-act-on-crisis-in-tibet\/\" title=\"Pressure Grows on Biden to Act on Crisis in Tibet\">broader efforts<\/a> to enhance the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-commerce-secy-making-chips-in-u-s-can-ease-shortage\/\" title=\"Biden\u2019s commerce secy.: Making chips in U.S. can ease shortage\">semiconductor supply chain<\/a> \u200cin \u2063the U.S. The Arizona Commerce Authority has indicated that the company may \u200cbe \u2063eligible for the Quality Jobs Tax Credit, which could amount to up to $351,000 as part\u200d of an initiative\u2062 to promote business \u2063investment \u200band job creation\u200c in\u2062 the \u200bstate. This will be KoMiCo&#8217;s third location in the U.S., involving a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of President Trump\u2019s Accomplishments \u2013  And It Is Historic!\">capital investment<\/a> of $50 million. According to \u2064KoMiCo&#8217;s CEO, Shawn Jang, the partnership aims to further develop the Silicon\u2063 Desert as a leading hub \u200dfor semiconductor manufacturing in the country.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Arizona semiconductor industry grows with new facility announcement in Mesa<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1734990\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>(The Center Square) &ndash; A new semiconductor plant for repair, cleaning, and coating is going to be coming to Mesa.<\/p>\n<p>KoMiCo&rsquo;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.<\/p>\n<p>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 &ldquo;net new <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/secstate-blinken-on-bidens-climate-agenda-americans-that-relied-on-old-industries-will-be-hit-hard\/\" title=\"SecState Blinken On Biden\u2019s Climate Agenda: Americans \u2018That Relied On Old Industries Will Be Hit Hard\u2019\">quality job<\/a>.&rdquo;<\/p>\n<p>&ldquo;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,&rdquo; the authority stated in an email.<\/p>\n<p>According to a news release, it is the company&rsquo;s third location in the U.S. and a $50 million &ldquo;capital investment.&rdquo;<\/p>\n<p>&ldquo;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,&rdquo; Shawn Jang, CEO, KoMiCo U.S., said in a statement.<\/p>\n<p>Meanwhile, local leaders say that the develop is making the Phoenix area increasingly known for technological growth in the industry.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/strong><\/p>\n<p>&ldquo;KoMiCo&rsquo;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,&rdquo; said Chris Camacho, President and CEO, Greater Phoenix Economic Council, said in a statement. &ldquo;Innovation begets innovation, and we look forward to seeing how KoMiCo&rsquo;s offerings will help other companies within the local supply chain grow.&rdquo;<\/p>\n<p>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.<\/p>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1734990\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1734990\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arizona&#8217;s semiconductor sector is expanding with the announcement of a new facility in Mesa. KoMiCo plans to establish a plant focused on repair, cleaning, and coating, which is expected to generate 200 jobs upon its opening in 2026. This development aligns with broader initiatives aimed at enhancing various elements of the semiconductor supply chain within the United States. The Arizona Commerce Authority informed The Center Square that KoMiCo may be eligible for the Quality Jobs Tax Credit, potentially amounting to $351,000. This credit offers $3,000 annually for up to three years (totaling $9,000) for companies creating &#8220;net new quality jobs.&#8221; The authority emphasized that the primary aim of this tax credit is to stimulate business investment and foster high-quality job opportunities in Arizona.<\/p>\n<p>According to a press release, this will be KoMiCo&#8217;s third U.S. location and involves a capital investment of $50 million. Shawn Jang, CEO of KoMiCo U.S., expressed pride in collaborating with Mesa to further develop the Silicon Desert as a leading hub for advanced semiconductor manufacturing in America. Local leaders highlight that this development enhances Phoenix&#8217;s reputation as a center for technological advancement within the industry. Chris Camacho, President and CEO of Greater Phoenix Economic Council, noted that KoMiCo\u2019s technology supports servicing cutting-edge chips globally and reinforces Greater Phoenix\u2019s position within the semiconductor ecosystem.<\/p>\n<p>Intel and Taiwan Semiconductor Manufacturing Company have also received significant funding through the CHIPS and Science Act aimed at advancing critical technology outside Asia amid challenges related to staffing shortages and rising costs\u2014both companies have chosen Arizona for their operations. The drive towards increased domestic semiconductor production is linked to escalating tensions between Taiwan and China since much of this industry is concentrated in Taiwan and nearby regions<\/p>\n","protected":false},"author":1,"featured_media":2328243,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/08\/chip-semiconductor-technology-tech-1024x577.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[4472,38785,20523,8420],"class_list":["post-2328242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-arizona","tag-industry-growth","tag-mesa","tag-semiconductor"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/08\/chip-semiconductor-technology-tech-1024x577.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2328242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2328242"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2328242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2328243"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2328242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2328242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2328242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}