Tocalo Co., Ltd. signs lease for semiconductor coating facility in Chandler

Sandra Watson President and CEO, Arizona Commerce Authority
Sandra Watson President and CEO, Arizona Commerce Authority
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Tocalo Co., Ltd., a Japan-based company specializing in advanced surface modification and coating technologies, announced on April 2 that it has leased a 32,045-square-foot industrial space at 400 N. 56th St. in Chandler, Arizona.

The new facility is expected to help Tocalo expand its presence in the United States and enhance its ability to serve companies involved in semiconductor manufacturing equipment and other advanced manufacturing sectors. Company leaders said Chandler was chosen due to its innovation ecosystem, skilled workforce, and access to transportation and technology corridors.

“We found Chandler’s environment and property to be perfectly aligned with our operational vision,” said Yasuki Nakahira, Vice President of Global Business Development Headquarters at Tocalo.

Sandra Watson, President and CEO of the Arizona Commerce Authority, said: “TOCALO’s new Chandler facility showcases Arizona’s leading attractiveness for global semiconductor innovators. We are grateful TOCALO chose Arizona, expanding its U.S. operations, and we look forward to supporting their success.”

Christine Mackay, President and CEO of the Greater Phoenix Economic Council added: “The expansion of TOCALO to Chandler exemplifies the immersion of the global industry into Greater Phoenix’s semiconductor supply chain hub. We’re excited to celebrate this expansion just weeks after Arizona formalized its commitment to semiconductor collaboration with Japan, and to continue building upon these strengths and partnerships that have helped drive the region’s growth.”

Chandler Mayor Kevin Hartke also welcomed the investment: “Chandler is proud to welcome TOCALO USA – ARIZONA LLC as part of our expanding semiconductor ecosystem. Tocalo’s advanced surface-treatment and thermal-spray technologies are integral to leading semiconductor manufacturing equipment… This investment will strengthen the semiconductor supply chain, create high-quality jobs and further reinforce Chandler’s role in the global semiconductor ecosystem.”

Micah Miranda, Director of economic development for Chandler said: “The addition of TOCALO further reinforces Chandler’s position within the global semiconductor supply chain. This investment supports high-precision manufacturing and aligns with the city’s strategy to attract advanced manufacturing companies that deliver long-term economic value.”

According to a September 12 announcement from the Arizona Commerce Authority, state economic development efforts broke records for projected job creation during Fiscal Year 2022 by working with companies on projects expected to create over 24,000 new jobs statewide.

Tocalo’s move into Chandler comes as part of broader efforts by both local officials and international firms aiming at strengthening regional ties within critical technology industries.



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