GlobiTech Expands Sherman, Texas, Manufacturing Operations
“Advanced 300 millimeter silicon wafers are currently manufactured in Asia, forcing the U.S. semiconductor industry to rely on imported silicon wafers,” said Mark England, GlobiTech President. “This exciting and bold investment in my hometown of Sherman will represent the first new silicon wafer facility in the U.S. in over two decades and close a critical semiconductor supply chain gap.”
A Texas Enterprise Fund (TEF) grant of $15 million has been extended to GlobiTech. In addition, the company has been offered a $10,000 Veteran Created Job Bonus.
"With the global CHIPS shortage and ongoing geopolitical concerns, GlobalWafers is taking this opportunity to address the United States semiconductor supply chain resiliency issue by building an advanced node, state-of-the-art, 300 millimeter silicon wafer factory," said Doris Hsu, Chairman/CEO of GlobalWafers Co., Ltd. "For this large investment, we received tremendously competitive proposals, and it was a difficult decision on selecting our location. After serious deliberation, we have once again chosen our long-time partner, the City of Sherman, Texas, based on the aggressive local and state incentives, ample resources and especially the business and personal relationships that we have developed over 20 years. Based on earlier announcements on related projects, we are excited about the prospects of developing the City of Sherman into the complete semiconductor ecosystem to support the growing United States semiconductor industry."
GlobiTech was founded in 1999 in Sherman, Texas, with the goal of providing world-class silicon epitaxy products and services to the worldwide semiconductor industry. The company is a global leader in semiconductor technology, providing innovative, advanced technology solutions to leading chip manufacturers to transform lives around the world.
“The State of Texas continues to attract and support world-class manufacturers and global investments that are leading breakthroughs in innovation and technology,” said Governor Greg Abbott. “GlobiTech's ongoing partnership with the City of Sherman will create more than a thousand new jobs for the region and invest billions of dollars into our state's economy, boosting Texas’ global position in the semiconductor industry amid a worldwide chip shortage. We look forward to continuing working with GlobiTech to keep providing economic opportunities through its expanded presence in the Lone Star State."
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
In Focus: “Golden Age” of Spec Development
In Focus: Demand for Industrial Land Surges
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Using Robust Project Controls to Enhance Project Management
Explosive Growth of Life Sciences Sector Comes with Challenges