AMKOR MARICOPA COUNTY IMPACT ANALYSIS 11.17.2025.PDF

Maricopa County — Formal (2026-01-28)

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NOVEMBER 2025
Amkor Economic
Impact Analysis
602.256.7700 /// gpec.org

Impact Analysis
Overview
Below is an analysis of Amkor’s impact over the next 10 years to demonstrate the economic value the 
company will generate in Maricopa County.
Based on the assumptions outlined below, Amkor will generate an estimated $43 million in direct tax 
revenues and an additional $8 million in indirect tax revenues for an estimated total of $51 million in tax 
revenues to Maricopa County over a 10-year period. 
In 10 years, this company will directly create an estimated $1.8 billion of personal income, plus an 
additional $1.5 billion in indirect personal income for a total of $3.3 billion. Over a 10-year period 
Amkor will create $12.4 billion in economic output, with $8.2 billion in direct economic output, and $4.3 
billion in indirect output. 
Assumptions 
• Total Employment at the end of 10 Years: 3,000 jobs
• Total Payroll at the end of 10 Years: $1.8 billion 
• Total Square Feet of Property: 3,306,000 square feet
• Total Real Property Improvement Investment: $3.65 billion
• Total Personal Property Investment: $3.6 billion
10-Year Economic Impact to Maricopa County
Impact
Jobs
Personal Income
Economic Output
Revenues
Direct
3,000
$1,803,510,000 
$8,167,635,513 
$42,959,720 
Indirect
3,394
$1,526,470,466 
$4,281,585,201 
$8,020,973
Total
6,394
$3,329,980,472 
$12,449,220,714 
$50,980,693 
IMPACT ANALYSIS
2

Direct Revenue and Economic Impact
Year
Jobs
Personal Income
Output
Revenues
2025
13
$1,170,000 
$5,298,631 
$138,717 
2026
72
$6,480,000 
$29,346,263 
$4,244,321 
2027
364
$32,760,000 
$148,361,661 
$6,992,773 
2028
1,590
$143,100,000 
$648,063,300 
$7,211,516 
2029
3,000
$270,000,000 
$1,222,760,943 
$6,325,901 
2030
3,000
$270,000,000 
$1,222,760,943 
$3,603,344 
2031
3,000
$270,000,000 
$1,222,760,943 
$3,610,787 
2032
3,000
$270,000,000 
$1,222,760,943 
$3,610,787 
2033
3,000
$270,000,000 
$1,222,760,943 
$3,610,787 
2034
3,000
$270,000,000 
$1,222,760,943 
$3,610,787 
Total
3,000
$1,803,510,000 
$8,167,635,513 
$42,959,720 
Year
Jobs
Personal Income
Output
Revenues
2025
15
$990,275 
$2,777,614 
$5,308
2026
81
$5,484,599 
$15,383,708 
$28,658
2027
412
$27,727,694 
$77,773,193 
$145,765
2028
1,799
$121,118,222 
$339,723,562 
$636,484
2029
3,394
$228,524,946 
$640,987,854 
$1,200,793
2030
3,394
$228,524,946 
$640,987,854 
$1,200,793
2031
3,394
$228,524,946 
$640,987,854 
$1,200,793
2032
3,394
$228,524,946 
$640,987,854 
$1,200,793
2033
3,394
$228,524,946 
$640,987,854 
$1,200,793
2034
3,394
$228,524,946 
$640,987,854 
$1,200,793
Total
3,394
$1,526,470,466 
$4,281,585,201 
$8,020,973
Year
Jobs
Personal Income
Output
Revenues
2025
28
$2,160,275 
$8,076,245 
$144,025 
2026
153
$11,964,599 
$44,729,971 
$4,272,979 
2027
776
$60,487,694 
$226,134,854 
$7,138,538 
2028
3,389
$264,218,222 
$987,786,862 
$7,848,000 
2029
6,394
$498,524,947 
$1,863,748,797 
$7,526,694 
2030
6,394
$498,524,947 
$1,863,748,797 
$4,804,137 
2031
6,394
$498,524,947 
$1,863,748,797 
$4,811,580 
2032
6,394
$498,524,947 
$1,863,748,797 
$4,811,580 
2033
6,394
$498,524,947 
$1,863,748,797 
$4,811,580 
2034
6,394
$498,524,947 
$1,863,748,797 
$4,811,580 
Total
6,394
$3,329,980,472 
$12,449,220,714 
$50,980,693 
Indirect Revenue and Economic Impact
Total Revenue and Economic Impact
3
IMPACT ANALYSIS

Property Tax Analysis
IMPACT ANALYSIS
4
Year
Property Taxes
Total
Business
Residential
2025
$21,485 
$20,297
$1,189 
2026
$585,033 
$578,450
$6,583 
2027
$1,435,262 
$1,402,150
$33,112 
2028
$2,235,577 
$2,090,540
$145,038 
2029
$2,792,243 
$2,518,457
$273,786 
2030
$2,799,686 
$2,526,069
$273,617 
2031
$2,807,129 
$2,533,680
$273,449 
2032
$2,807,129 
$2,533,680
$273,449 
2033
$2,807,129 
$2,533,680
$273,449 
2034
$2,807,129 
$2,533,680
$273,449 
Total
$21,097,802 
$19,270,681 
$1,827,121

About GPEC Economic Impact Model
The Greater Phoenix impact model calculates economic and revenue impacts of new business in the 
region. The underlying theory behind this regional model is that all communities benefit when a new 
business locates in the region, both in terms of employed residents and new revenues. The purpose of 
the model is to show how this distribution of economic benefits may occur.
Economic Impact
The impact model uses county-level multipliers from the IMPLAN Group for Maricopa County to 
calculate direct and indirect impact on specific communities in the Greater Phoenix region.  The model 
also calculates economic impact to the county and state economies in terms of new jobs, output, and 
revenue generated. In addition to jobs, new businesses create new consumer spending throughout. 
The payroll from the new businesses can be converted into effective buying income. On a regional 
basis, effective buying income is distributed across retail and service categories based on spending 
patterns from the Bureau of Labor Statistics. 
Revenue Impact
Direct revenue impacts include revenues generated directly by the businesses, based on project 
information such as real property values, employment, direct sales, and local and nonlocal purchases. 
Additional revenues generated by related supplier and consumer jobs, and supported residents are 
included in the indirect and total impact results. All revenue projections are in current dollars. 
Disclaimer
The results from this analysis suggest only one possible scenario based on given project parameters 
and assumptions, and do not exclude other development possibilities under different assumptions. The 
economic impact model serves as a tool for basic quantitative evaluations for economic development 
projects.  The results are based on the current economic structure of the communities, and current tax 
rates. The results of the model are order-of-magnitude estimates and are intended only as a general 
guide as to show how businesses and development projects may impact the region.  
IMPACT ANALYSIS
Impact Analysis
5

Greater 
Phoenix
Greater 
Together
602.256.7700 /// gpec.org