Taiwanese Microchip Company Commits to Enhanced Oversight for Arizona Plant Construction

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Source: Yahoo Finance
TL;DR Summary

Taiwanese microchip manufacturer, Taiwan Semiconductor Manufacturing Co. (TSMC), building its first U.S. plant in Arizona, has agreed to increased scrutiny and safety measures for construction workers. The company has signed a voluntary protection program with the state, which includes higher safety requirements than federal standards, greater transparency for workers, closer oversight from the Arizona Division of Occupational Safety and Health, and increased training for foremen and workers. The construction of the plant, utilizing TSMC's 5-nanometer technology, is expected to be completed in 2024 and will create over 1,600 high-tech jobs in the state.

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