Tokyo Electron U.S. Expands Austin, Texas, Operations
05/26/2025
The more than $30 million project will include a new technical training and research and development center that will train approximately 2,200 individuals per year and will also focus on next generation software and processes to support the semiconductor industry.
“TEL U.S. is honored to receive this funding from the Texas Semiconductor Innovation Fund to enhance our research and development efforts in the state we’ve called home for over 30 years,” said Tokyo Electron U.S. Executive VP, CFO & GM Rick Turner. “This grant is a testament to the State of Texas' commitment to leading the production of domestic semiconductor technology, and we look forward to the progress in our industry that funding like this will enable.”
The project is being supported by a Texas Semiconductor Innovation Fund (TSIF) grant of $3,080,000.
“Texas is where the technologies of tomorrow are developed today,” noted Governor Abbott. “Tokyo Electron’s more than $30 million investment builds on our state’s leadership in the semiconductor industry and will help bolster semiconductor-related job training to prepare thousands of Texans for better job and bigger paycheck opportunities. Thanks to the competitive business advantages found in Texas, we continue to attract job-creating investments by global industry leaders as we advance America’s resurgence in semiconductor research, development, and manufacturing.”
TEL U.S., a subsidiary of Tokyo Electron Limited, provides integrated circuits, flat panel displays, and photovoltaic cells.
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