Manufacturing megaprojects including Intel’s $20-billion Fab 52 and 62 semiconductor plants, scheduled to open in Chandler, Ariz., in 2024, and the $12-billion TSMC semiconductor factory in north Phoenix, also anticipated for 2024, are creating thousands of construction jobs as well as high-paying long-term jobs. Taiwan-based TSMC, in fact, recently announced it will build a second factory, increasing its Arizona investment to $40 billion.
Numerous other manufacturing-sector projects are under construction in the greater Phoenix area. Sunlit Chemical, also based in Taiwan, expects to complete the first phase of its manufacturing facility in 2023. The $100-million investment includes a 900,000-sq-ft facility that will produce hydrofluoric acid and other high-purity industrial chemicals for the semiconductor industry. The company expects to complete the project’s second phase in 2025.