CHANDLER, AZ (April 2, 2026) – TOCALO Co., Ltd., a Japan-based global leader in advanced surface modification and coating technologies supporting the semiconductor supply chain, has leased 32,045-square- feet of industrial space at 400 N. 56th St. in Chandler, Arizona.

The new Chandler facility will support TOCALO’s continued expansion in the United States and strengthen its ability to serve semiconductor manufacturing equipment providers and other advanced manufacturing customers. Chandler’s established innovation ecosystem, highly skilled workforce, and proximity to major transportation and technology corridors were key factors in the company’s site selection decision.

“We found Chandler’s environment and property to be perfectly aligned with our operational vision,” said Yasuki Nakahira, Vice President, Global Business Development Headquarters. 

State leaders highlighted the investment as further evidence of Arizona’s position as a premier destination for international companies supporting critical technology and semiconductor supply chains.

“TOCALO’s new Chandler facility showcases Arizona’s leading attractiveness for global semiconductor innovators,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “We are grateful TOCALO chose Arizona, expanding its U.S. operations, and we look forward to supporting their success.”

“The expansion of TOCALO to Chandler exemplifies the immersion of the global industry into Greater Phoenix’s semiconductor supply chain hub,” said Christine Mackay, President and CEO, Greater Phoenix Economic Council. “We’re excited to celebrate this expansion just weeks after Arizona formalized its commitment to semiconductor collaboration with Japan, and to continue building upon these strengths and partnerships that have helped drive the region’s growth.”

City of Chandler officials emphasized the project’s economic impact and the city’s ongoing commitment to supporting semiconductor and advanced manufacturing industries.

“Chandler is proud to welcome TOCALO USA - ARIZONA LLC as part of our expanding semiconductor ecosystem,” said Chandler Mayor Kevin Hartke. “Tocalo’s advanced surface-treatment and thermal-spray technologies are integral to leading semiconductor manufacturing equipment, and the company’s decision to locate in west Chandler reflects strong confidence in our workforce, infrastructure and business environment. This investment will strengthen the semiconductor supply chain, create high-quality jobs and further reinforce Chandler’s role in the global semiconductor ecosystem. We look forward to supporting Tocalo’s successful launch and long-term growth in our community.” 

“The addition of TOCALO further reinforces Chandler’s position within the global semiconductor supply chain,” said Micah Miranda, Director of economic development for the City of Chandler. “This investment supports high-precision manufacturing and aligns with the city’s strategy to attract advanced manufacturing companies that deliver long-term economic value.”

The Chandler facility will further integrate TOCALO into the regional semiconductor supply chain, supporting high-precision manufacturing processes and contributing to Chandler’s reputation as a hub for advanced technology and innovation.

The transaction was represented by Kidder Mathews, with Mike Ciosek, SIOR, representing Tocalo Co., Ltd. Additional representation included Ross Brown, Payton Kruidenier and Rick Collins, who represented the building owner.

Media Contacts

Alyssa Tufts, Arizona Commerce Authority, [email protected]

Stephanie Romero, City of Chandler, [email protected]

About TOCALO Co., Ltd.
TOCALO Co., Ltd., headquartered in Kobe, Japan, is a global leader in advanced surface modification and coating technologies that support critical processes within the semiconductor manufacturing supply chain. Founded in 1951, the company specializes in high-performance surface treatments, including therma

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: attract, expand, create - attract out-of-state companies to establish operations in Arizona; work with existing companies to expand their business in Arizona and beyond; and help entrepreneurs create new Arizona businesses in targeted industries. For more information, please visit azcommerce.com and follow the ACA on X @azcommerce.