Saras Micro Devices Establishes Right to Work Arizona Location
Saras Micro Devices has chosen Right to Work Chandler, Arizona for their new operations location. In order to cover the cost of this, the company is investing over $50 million. They also plan to create 50 new jobs. So this is exciting economic news!
From Area Development Magazine:
โThis move is not just a change in geographic location; it is an intentional strategic decision to align our vision with our customers in driving the US semiconductor industry forward. […] We are grateful for the partnership with the City of Chandler, Arizona Commerce Authority, Greater Phoenix Economic Council, as their support has been instrumental in our successful relocation. This move supports our mission to become an integral part of Arizona’s burgeoning technology ecosystem and our desire to contribute to the strength of the United States’ domestic semiconductor industry. This is where our future becomes a reality, and we’re just getting started.” […]
โWe are excited Saras Micro Devices has selected Arizona for its new headquarters. […] The Chandler manufacturing facility will enable Saras to continue advancing semiconductor innovation, further showcasing Arizonaโs attractiveness as the premier destination for advanced semiconductor operations and contributing to our thriving technology ecosystem. We look forward to supporting their future success in Chandler.โ
โThis HQ relocation allows Saras Micro Devices to address present needs of the market while strengthening its ability to develop technology for the future. […] Sarasโ innovation in integrated power delivery for semiconductor devices using AI and ML will boost the regionโs semiconductor cluster and technological competitiveness.โ
AREA DEVELOPMENT MAGAZINE
To read the previous economic update on Right to Work states, click here.