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See all stacks →Scottsdale Approves Development Agreement for ASM's Flagship Facility
Scottsdale City Council unanimously approved a development agreement with Advanced Semiconductor Materials (ASM) for its new North American headquarters and research facility in north Scottsdale. The project involves over $400 million in capital expenditure, creation of 500 new jobs with an average wage of $110,000, and a capped city reimbursement of $6.35 million for public infrastructure.
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Summary
Scottsdale City Council unanimously approved a development agreement with Advanced Semiconductor Materials (ASM) for its new North American headquarters and research facility in north Scottsdale. The project involves over $400 million in capital expenditure, creation of 500 new jobs with an average wage of $110,000, and a capped city reimbursement of $6.35 million for public infrastructure.
Tags
semiconductor · scottsdale · development-agreement · headquarters · expansion · infrastructure · technology
Key entities
Advanced Semiconductor Materials (ASM) (organization, 0.99) · Scottsdale (location, 0.99) · Phoenix (location, 0.95) · Arizona (location, 0.95) · Tom Durham (person, 0.9) · Intel (organization, 0.95) · TSMC (organization, 0.95) · Banner Health (organization, 0.9) · wafer processing equipment (technology, 0.88) · thin-film deposition (concept, 0.85) · Scottsdale City Council approval (event, 0.92)
Classification
reference · language en · status final
Provenance
claude-haiku-4-5 via @stacklist/mcp-server@2.0.0, confidence 0.85, 26 Oct 2026