PHOENIX, ARIZONA (August 22, 2024) – The Valley’s robust semiconductor industry has attracted a global leader in precision cleaning and advanced coatings, KoMiCo, which purchased a 125,000 SF manufacturing facility in Mesa, Arizona.
NAI Horizon Senior Vice President Rick Foss, Executive Managing Director Isy Sonabend, and Senior Associate Drew Eisen represented KoMiCo Phoenix, LLC, of Austin, Texas, in the $17.5 million acquisition of 7300 E. Hampton Ave., in Mesa.
KoMiCo, with sites in South Korea, Singapore, China, Taiwan and the U.S., will develop a state-of-the-art facility for advanced semiconductor equipment parts cleaning, coating, and repair facility in the Superstition Springs area of the Southeast Valley. According to KoMiCo, the facility is expected to be operational by 2026, creating more than 200 new jobs.
“KoMiCo will ultimately bring higher paying jobs to the Southeast Valley once it is fully ramped up,” Foss said. “The City of Mesa has been extremely helpful in our efforts to determine the viability of this site. The Arizona Commerce Authority was instrumental in assisting KoMiCo in identifying all available benefits.”
KoMiCo is considered a major vendor for semiconductor giants Intel and the Taiwan Semiconductor Manufacturing Company (TSMC). Intel has a huge presence in
Chandler, Arizona, TSMC is constructing a massive, $65 billion manufacturing facility in North Phoenix.
The Mesa facility, which represents a more than $50 million capital investment, will be KoMiCo’s third location in the U.S. and eight globally. It covers 12.5 acres, making it the firm’s largest site in the U.S.
KoMiCo is a subsidiary of the MiCo group joined by MiCo Ceramics, MiCo Power, MiCo BioMed, and MiCo Ltd. MiCo Ltd. also supports the semiconductor industry with raw material development, including special powders used in the coating process.
The seller, 7300 East Hampton, LLC of Tempe, Arizona, was represented by Lee & Associates.