JXAM - SUMMARY SUPPORT FOR AGENDA 01-28-2026 FINAL.DOCX
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FOREIGN TRADE ZONE REQUEST FOR NO-OBJECTION JX Advanced Metals USA, Inc. City of Mesa Foreign Trade Zone, Inc. No. 221 Located at 10036 E Germann Road, Mesa AZ 85212, parcel # 304-63-979 to be included in the City of Mesa Foreign Trade Zone No. 221. Parcel #304-63-979 is currently owned by JX Advanced Metals USA, Inc. (formerly JX Nippon Mining & Metals USA, Inc.). Summary from the owner’s representative JX Advanced Metals USA, Inc. is applying for Foreign Trade Zone (FTZ) Subzone designation for the property located at 10036 E Germann Road, Mesa AZ 85212, parcel # 304-63-979 to be included in the City of Mesa Foreign Trade Zone No. 221. Parcel #304-63-979 is currently owned by JX Advanced Metals USA, Inc.. FTZ designation will allow reclassification of this property from Class 2 with a tax assessment ratio of 15% to Class 6 with a tax assessment ratio of 5% under A.R.S. §42-12006. JX Advanced Metals USA, Inc. produces sputtering targets and compound semiconductor wafers for the semiconductor industry to the North American and European markets from their location in Chandler, AZ. They are expanding their operations and have invested in a new facility in Mesa, AZ. The new facility will consist of a 273,000 square-foot building on a 65-acre site. The project involves a total capital investment of $256.1 million, consisting of $173.5 million in real property and $82.6 million in personal property. Over a 10-year period, the JX Advanced Metals USA, Inc. facility is expected to generate approximately 193 direct jobs, with a cumulative total payroll of $126.1 million. Status of Taxing Jurisdiction Concurrence Letters o City of Mesa – Received o Queen Creek Unified School District – Received o East Valley Institute of Technology (EVIT) – Received o Maricopa County Community College District – Received o Maricopa County Special Health Care District (Valleywise Health) - Received o Central Arizona Conservation District (CAP) – Received Fiscal and Economic Impact Economic Impact estimates are provided by Greater Phoenix Economic Council (GPEC). JX Advanced Metals USA Inc. operations will create approximately 193 direct and 212 indirect jobs over the next 10 years. Estimated $126.1 million in direct personal income and $106.7 million in indirect personal income for a total of $232.8 million over a 10-year period. Estimated $2.3 million in direct tax revenues and an additional $0.6 million in indirect tax revenues for a total of $2.9 million in tax revenue to Maricopa County over a 10-year period. Estimated $571.0 million in direct economic output and an additional $299.4 million in indirect output for a total of $870.4 million to Maricopa County over a 10-year period. Property Tax Impact Property taxes currently collected for this parcel are approximately $83,391 annually for Maricopa County’s portion as a Class 2 property. When the project is completed, property taxes will increase to approximately $118,000 annually for Maricopa County’s portion as a Class 6 property.