The Peoria City Council on Tuesday approved the sale of 67 acres of State Trust Land to Amkor Technology, which is investing heavily in the northwest Valley suburb.
The parcel, which is next to the 104-acre property that Amkor already owns in north Peoria, sold for just under $32.5 million.
Amkor has committed $7 billion toward an advanced semiconductor packaging and testing facility that is under construction near Lake Pleasant Parkway and Loop 303…