A Taiwan-based company specializing in the supply of high purity electronic chemicals has closed on the purchase of more than 50 acres in Casa Grande, Arizona for the purpose of building a new processing facility.
The company, Kanto-PPC, is a chemical supplier for companies in both Asia and Europe, as well as the Taiwan Semiconductor Company, which is in the process of building a multi-billion facility in metro Phoenix.
The Taoyuan, Taiwan-based Kanto-PPC purchased the land at the vacant southeast corner of Arizona State Route 84 and Burris Road. The deal entailed the purchase of two different parcels, one measuring just over 26 acres, and the other at 24 acres, for a combined price of $3.6 million.
The electronic chemicals that Kanto-PPC produces are used in the processes of both optoelectronics and semiconductor industries.
The Taiwan Semiconductor Manufacturing Company announced plans to build a massive new facility on a 3,700-acre site to the north of Phoenix in the fall of 2020. Work on that facility is currently underway.
Last summer the Taiwan-USA Industrial Cooperation Promotion Office and the Greater Phoenix Economic Council signed a Memorandum of Understanding designed to foster closer business relations between Taiwan and southern Arizona.
By Garry Boulard
