While Arizona has had a large presence in the aerospace and defense sectors dating back to the 1980s, the state is becoming a hub for makers of electric vehicles, batteries and semiconductors.

Some of the latest wins for Arizona include LG Energy Solution, which recently announced a $5.5 billion battery manufacturing facility near Phoenix, and Taiwan Semiconductor Manufacturing Co. (TSMC), which is investing $40 billion to open the company’s second chip plant in the Grand Canyon State.