Governor Jan Brewer Welcomes International Rectifier Corporation’s Expansion in Arizona

Governor Jan Brewer Welcomes International Rectifier Corporation’s Expansion in Arizona

Investment Will Lead to 80 New, High Wage Jobs

PHOENIX, AZ (September 30, 2010) – Governor Jan Brewer joined Chandler Mayor Boyd Dunn today in announcing International Rectifier Corporation is expanding its operations in Arizona. The company is a global leader in power management technology, developing and manufacturing power semiconductors and integrated circuits.

“International Rectifier Corporation is making a significant investment in Arizona; bringing quality jobs that are critical for this state to become more competitive in the global economy,” said Governor Janice K. Brewer. “Arizona is a strategic location with a highly skilled workforce, low payroll taxes, and the right incentive programs to make business sense – and with my Arizona Commerce Authority, we are focused on ensuring Arizona is attracting the industries necessary for the 21st Century, those that are vital to the Arizona Comeback.”

International Rectifier will locate in the City of Chandler and create 80 new, high wage jobs.

“Today Chandler welcomes a true industry leader to its borders,” Mayor Boyd Dunn said. “The continued diversification of the Chandler employment base is key to our success despite these past few years of a troubled economy. This decision to locate in Chandler shows that we remain committed to recruit and bring the best companies and jobs to the community.”

“We are excited to be growing in Arizona,” said International Rectifier President and CEO Oleg Khaykin. “We have selected Arizona because of its attractive semiconductor industry ecosystem, highly educated labor force, high quality of life and low operational costs. We were further impressed by Arizona’s ‘can do’ attitude.”

Khaykin thanked Governor Brewer, the Arizona Commerce Authority, GPEC and Chandler for their strong support and pro-active involvement in helping company make Arizona its choice.

###

Media Contact:

Nicole McTheny, Senior Vice President, Communications and Marketing

Arizona Commerce Authority

602.845.1231 or nicolem@azcommerce.com

About International Rectifier Corporation:

International Rectifier Corporation (NYSE:IRF) is a world leader in power management technology. IR’s analog, digital, and mixed signal ICs, and other advanced power management products enable high performance computing and save energy in a wide variety of business and consumer applications. Leading manufacturers of computers, energy efficient appliances, lighting, automobiles, satellites, aircraft and defense systems rely on IR’s power management solutions to power their next generation products. For more information, please visit www.irf.com.

About the Arizona Commerce Authority:

The Arizona Commerce Authority (ACA) is the state’s leading economic development organization with a streamlined mission to grow and strengthen Arizona’s economy. The ACA uses a three-pronged approach to advance the overall economy: recruit, grow, create – recruit out-of-state companies to expand their operations in Arizona; work with existing companies to grow their business in Arizona and beyond; and partner with entrepreneurs and companies large and small to create new jobs and businesses in targeted industries. Visit AzCommerce.com for more.