TMSC Awarded $6.6 Billion in CHIPS and Science Act Funding 

The investment will create approximately 20,000 construction jobs over the next decade in Phoenix, Arizona. 

On Monday, April 8, 2024, The U.S. Department of Commerce announced a $6.6 billion CHIPS and Science Act investment into TSMC Arizona Corporation, a subsidiary of Taiwan Semiconductor Manufacturing Company (TMSC) to fund the construction of fab three, a third chips manufacturing facility at their Phoenix, Arizona campus. Construction of the new facility is expected to create over 20,000 construction jobs within the next decade.  

In a press release, Local Union 1912 Fabian Sandez responded to the announcement enthusiastically, saying, “Western States Carpenters Local 1912 is pleased to learn not only of the US Government’s CHIPS Act investment in TSMC Arizona, but of TSMC’s increased investment in Arizona with fab three. This investment firmly establishes our state as the Semiconductor Hub of the United States and ensures our members have hundreds of good-paying and secure jobs for decades to come. We look forward to the continuation of our long-standing relationship with TSMC Arizona and congratulate them on today’s good news.” 

TMSC manufactures most of the world’s semiconductor chips. Their Arizona campus will allow for these chips to be made domestically, and for the United States to reestablish its presence on the forefront of technology development. Our Carpenters are proud of the partnership and opportunity to work with TMSC Arizona, forging the path to more jobs, and technologic advancements.