TSMC, Labor Unions Reach Labor Accord for Phoenix Chip Site
- Agreement covers workforce training, safety, foreign workers
- TSMC widely expected to get federal money for $40 billion site
The Taiwan Semiconductor Manufacturing Co. facility under construction in Phoenix, Arizona.
Photographer: Caitlin O'Hara/BloombergThis article is for subscribers only.
Arizona labor unions and Taiwan Semiconductor Manufacturing Co. have reached an agreement to resolve persistent labor disputes that have dogged the chipmaker’s construction site in Phoenix, according to a joint statement.
The new accord is the result of months of negotiations between the world’s leading chipmaker and the Arizona Building and Construction Trades Council, a coalition of unions with 3,000 members on site — about a quarter of TSMC’s total construction workforce.