Chemical Strategies Inc. is expanding with a new location south of Phoenix in the Central Arizona Commerce Park.
The company plans to develop a new 70,000 to 100,000-square-foot industrial building for chemical distribution and third-party logistics in Casa Grande, near the northeast corner of Burris and Peters roads.
It represents a $10 million to $14 million investment and is expected to be operational by mid-2024, the company said.
The Anthem-based chemical distributor supports the semiconductor, aerospace and defense industries and said its new facility will help support the growing semiconductor industry in Arizona.
It joins several other semiconductor-related companies that have also decided to expand in Casa Grande to support Intel and Taiwan Semiconductor Manufacturing Co.
"We are very excited for our newest expansion project in our home state," the company said in an email to the Phoenix Business Journal.
Chemical Strategies did not answer questions about how many jobs it will bring or if a general contractor or architect has been selected. The company first started in 2001 and has since expanded to other states such as California and Florida.