By Hailey Mensik | Phoenix Business Journal
Tempe-based Amkor Technology Inc. will break ground at its brand-new factory location Sept. 2 after Peoria’s City Council hastily – and unanimously – approved a land swap and new development agreement..
A special meeting was held on Aug. 28 to approve the deal, the day after the city won a state trust land auction for 834 acres in north Peoria where it has been planning to create a technology and manufacturing job hub. Amkor’s $2 billion semiconductor chip testing and packaging facility will now relocate to that site.
