Report: Chemical manufacturer planning Arizona plant to be near Taiwan Semiconductor bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Phoenix still expecting growth despite COVID-19 s devastating impact on the economy
Recently, Phoenix has become one of the top cities in the country in the so-called Crane Index.
PHOENIX - Construction cranes can be seen all around the Valley despite the ongoing COVID-19 pandemic. In fact, Phoenix is one of the top cities in the country, as ranked by the so-called Crane Index. There is so much going on in Phoenix right now, said City of Phoenix Director of Community and Economic Development, Christine MacKay. Just in Downtown Phoenix alone, we have 20 cranes in the air, which is more than what we ever had in history. Our largest number in the past is six cranes, and that’s just Downtown Phoenix
Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) which produces silicon chips for tech companies has acquired 1,128 acres of land in north Phoenix for $89 million at a state land auction. The company plans to build a $12 billion semiconductor plant on the land which will create around 1,900 jobs.
TSMC acquires a parcel of land for its $12 billion factory
The $89 million TSMC bid was the only one that Arizona state received at an auction of the land off Interstate 17. The auction showed the location where TSMC’s manufacturing plant which it announced in May will be. The plant which will manufacture advanced 5-nanometer fab will commence construction in 2021 with chip production expected by 2024.
Some homeowners and apartment dwellers in Ahwatukee got a tiny piece of the millions in federal pandemic relief the City of Phoenix doled out for rental, mortgage and utility assistance this year.
Records obtained by AFN show that of $2,257,441 spent so far by the city on those forms of relief, Ahwatukeeâs share totaled $111,500.Â
That included $52,800 in rental help, $6,600 in mortgage assistance and $52,000 to help people with delinquent water, electric and gas bills.Â
Among Ahwatukeeâs three ZIP codes, records show, 85044 received the most aid â $4,800 in utility assistance and $26,400 in rental assistance for a total $31,200.Â
The least went to 85045 with $12,300, although that was the only ZIP code to receive mortgage assistance, with $6,600. Another $27,900 â mostly rental assistance â went to people in 85048.