AMKOR MARICOPA COUNTY IMPACT ANALYSIS 11.17.2025.PDF
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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