Local and state officials have made statements welcoming Samsung to Taylor following the announcement that the city will be home to its new $17 billion semiconductor fabrication plant.
Texas Gov. Greg Abbott and Kinan Kim, Samsung Electronics Device Solutions division head, announced the selection in a Nov. 23 press conference.
The facility, to be located on approximately 1,200 acres, will bring around 2,000 jobs to the city of Taylor. According to documents from the Texas comptroller, commercial operations will begin in 2024.
During the press conference, Kim praised legislation in support of investment in semiconductor manufacturing, the CHIPS for America Act. U.S. Sen. John Cornyn, R-Texas, who also spoke during the conference, said "Silicon Hills" is growing, referring to the concentration of technology companies operating in Central Texas. Increasing the domestic production of semiconductors will benefit manufacturing and business of virtually everything else, he said.
