Why build water heavy industry in Arizona?
Arizona has access to a lot of the larger rivers like the Colorado, so they can get water pretty easily, and then at least when I was in Arizona, I knew a business owner from China who opened their company there because of the relatively low tax rates. But they’re not super low from what I remember. Let me check. Yeah combined corporate tax rate of over 9%, which is apparently the 19th of the US for corporate tax rates.
Water access is there, there’s obviously tons of super cheap land for development, and the corporate tax rates aren’t so bad.
The water is there but already overpromised to existing stakeholders. Building thirsty new industries in a dry state just doesn’t make any sense to me.
Oh, and it looks like they have low seismic activity, which is important for such delicate precise manufacturing.
Arizona is trying to make itself the semiconductor center of the US.
Here are their own stated advantages: https://www.azcommerce.com/industries/manufacturing/semiconductor-advantages/
probably a good thing to offshore some of their manufacturing capability
Oh yeah, and the US will make sure Taiwan has everything they need to set up shop here.
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