Air Products to invest $250 million in Arizona semiconductor expansion
By: ICN Bureau
Last updated : September 19, 2026 7:30 am
The deal marks the second semiconductor manufacturing supply win recently announced by Air Products
Air Products is investing approximately $250 million in Arizona to support a major U.S. semiconductor manufacturing expansion under a new long-term supply agreement with one of the industry’s leading manufacturers.
The industrial gases giant said it will build, own and operate new infrastructure to supply high-purity hydrogen, helium and carbon dioxide to the customer’s semiconductor manufacturing and advanced packaging operations.
The deal marks the second semiconductor manufacturing supply win recently announced by Air Products, with the two projects representing a combined investment of more than $900 million.
The Arizona investment will include PRISM hydrogen generation units, carbon dioxide purification equipment, bulk gas systems for helium, hydrogen and carbon dioxide, as well as storage, purification, analytical equipment and pipeline infrastructure. Supply is expected to come online in phases.
"This investment further reinforces Air Products' role as a trusted supplier and reflects our commitment to grow with our customers globally. It also underscores our world-class performance in safety, reliability and operational excellence, which are critical to meeting the increasingly demanding requirements of advanced semiconductor manufacturing.
"The long-term win in the U.S. strengthens our established global relationship with this strategic and important customer,” said Francesco Maione, Air Products’ President, Americas, Helium and Rare Gases.
The investment further deepens Air Products’ long-standing presence in Arizona’s semiconductor industry. The company has operated its Chandler facility since 1981, supporting the growth of the Phoenix semiconductor ecosystem.