HyRel Technologies Plans Right to Work Arizona Establishment
HyRel Technologies is establishing operations soon in Right to Work Peoria, Arizona. In order to do this, the company is investing a total of $15 million toward the project. They also plan to create 50 new jobs. So this will be a great addition to the area’s economy!
From Area Development Magazine:
“Since my co-founder Scott Baker and I launched HyRel Technologies, it has always been the end goal to move to Arizona, no other state has such a commitment to building a thriving and resilient national semiconductor industry. […] From the Arizona Commerce Authority’s ‘first-of-its-kind’ National Semiconductor Economic Roadmap plan and dedicated investments to the industry, to the white glove service we’ve received from the City of Peoria in helping find our facility, we are very excited to launch this chapter and draw upon the wealth of expertise in the West Valley area.†[…]
“We are proud to welcome HyRel Technologies’ new manufacturing facility to Peoria. […] HyRel’s high-tech facility highlights Arizona’s attractiveness for emerging technologies while diversifying the state’s ever-growing semiconductor industry.â€
AREA DEVELOPMENT MAGAZINE
To read the previous economic update on Right to Work states, click here.