Published: July 26, 2024 at 12:05 PM MST
PHOENIX — An Arizona tech company is set to create 2,000 jobs through a partnership with the U.S. government, officials announced on Friday.
An agreement between the U.S. Department of Commerce and Tempe-based Amkor Technologies is paving the way for the company to receive up to $400 million in direct funding through the CHIPS and Science Act.
The parties signed the first stage of documentation to secure those federal funds for the construction of a manufacturing plant in Peoria, according to a Commerce Department news release.