Texas Instruments Chooses Richardson, Texas, for Semiconductor Wafer Fabrication Facility
04/23/2019
“We’ve selected Richardson for our next 300mm analog wafer fabrication facility because of its access to talent, an existing supplier base and multiple airports, as well as operational efficiencies due to the close proximity of the new facility to our existing Richardson factory (RFAB),” said Kyle Flessner, Senior Vice President of TI’s Technology & Manufacturing Group.
“This factory is an important step in our strategy to invest in more 300mm manufacturing capacity, which is a competitive advantage for our company and will enable us to continue to support our customers well into the future,”Flessner added.
Upon completion, the new facility is expected to create more than 488 jobs and represent more than $3.1 billion in capital investment.
As an incentive, a Texas Enterprise Fund grant of $5,124,000 has been extended to TI contingent upon the company fulfilling these investment and staffing commitments.
“The Lone Star State continues to be a leader in the development of innovative technologies because of companies like Texas Instruments,” said Governor Greg Abbott. “Made in Texas is a powerful label, and this expansion will create hundreds of jobs, generate billions in capital investment, and further solidify Texas’ reputation both at home and abroad. I thank Texas Instruments for their investment, and look forward to working with them to build an even brighter future here in Texas.”
“Richardson has long proven to be a hub for tech-based developments such as this and we are proud TI’s global search has led them once again to our community,” said Richardson Mayor Paul Voelker. “Our business environment is competitive, friendly and offers access to a highly trained technical workforce that helps keep us as a top-tier location for projects like this; we look forward to continuing to prove our value to TI as it prepares to develop this new high-tech manufacturing facility.”
Project Announcements
Messer Plans Berryville, Arkansas, Air Separation Operations
01/16/2025
NewGlobal Ventures Plans Estancia Valley, New Mexico, Canning Operations
01/16/2025
Oxeon Energy Expands Davis County, Utah, Production Operations
01/13/2025
Nucor Towers & Structures Plans Brigham City, Utah, Production Operations
01/13/2025
Canada-Based Markdom Michigan Plastics Plans Charlotte, Michigan, Production Operations
01/13/2025
Japan-Based Nitto Plans Frankfort, Kentucky, Operations
01/12/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
How Automation Is Actually Closing the Labor Gap
Q4 2024
-
Microsoft-Three Mile Island Deal Could Signal Path for Nuclear Power to Strengthen Partnerships with Big Tech
Q4 2024
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Five Strategies to Tackle the Data Center Talent Shortage
Q4 2024