2 potential semiconductor suppliers in Casa Grande seek foreign trade zone status

By Corina Vanek | Phoenix Business Journal

The Casa Grande City Council will consider whether to support foreign trade zone designation for two suppliers to Taiwan Semiconductor Manufacturing Co. at its meeting Tuesday.

Both LCY Electronic Materials and Chang Chun Group have applied for foreign trade zone status, which would give them a property tax incentive, reclassifying the taxing ratio of the property from 15% to 5% for 20 years, as well as tariff reduction.

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