Texas Instruments delays $3.2 billion expansion of its Richardson plant

Texas Instruments plans to expand its chip manufacturing plant at Renner and Alma roads.

Texas Instruments plans to expand its chip manufacturing plant at Renner and Alma roads.

A planned expansion that was dubbed the city of Richardson's single-largest corporate investment to date has been postponed.

A groundbreaking for the $3.2 billion expansion of Texas Instruments' facility at Alma and Renner Roads is now scheduled to happen in third quarter 2021, according to a letter sent by attorneys with Plano ISD to the state comptroller's office.

Texas Instruments could not immediately be reached for comment, but the letter points to current market conditions as the reason for the delay. The company was originally scheduled to break ground this fall.

Earlier this year, Plano ISD reached a property tax deal with Texas Instruments that would result in significant savings for both entities. Under the terms of the Chapter 313 agreement, the district will receive $20 million over the course of a decade.

In response to the company's delay, the district submitted an amended application on May 20 to the state's comptroller's office that revises the terms of the tax agreement. A June 7 letter to Plano Superintendent Sara Bonser confirmed that the comptroller had certified the amendments.

Plano ISD officials were not immediately available to answer questions on the changes.

The city of Richardson is also poised to receive $72 million in property tax revenue as a result of its own deal with Texas Instruments. A representative was not available to comment on whether its agreement will need to be revised.
By Olivia Lueckemeyer

Olivia Lueckemeyer graduated in 2013 from Loyola University New Orleans with a degree in journalism. She joined Community Impact Newspaper in October 2016 as reporter for the Southwest Austin edition before her promotion to editor in March 2017. In July 2018 she returned home to the Dallas area and became editor of the Richardson edition.


MOST RECENT

Medical professionals from Baylor Scott & White Medical Center-Centennial in Frisco received a donation of masks and assorted goodies from Two Men and A Truck on April 3. (Courtesy Two Men and A Truck)
April 6: 6 coronavirus stories DFW-area readers should know

Here are six Dallas-Fort Worth-area Community Impact Newspaper stories regarding the coronavirus that readers might have missed.

New coronavirus cases in Dallas County now surpass 1,000. (Courtesy Adobe Stock)
Latest in Richardson: Dallas County reports significant decline in new cases, Jenkins encourages cautious optimism

This is an evolving story. New updates will be posted as they become available.

Dallas County Judge Clay Jenkins attempted April 5 to quash any confusion surrounding the county's position on use of the Dallas convention center as a popup coronavirus hospital. (Screenshot courtesy FOX 4 News)
Dallas County Judge Clay Jenkins addresses letter from Abbott's office threatening to relocate popup COVID hospital

Dallas County is feverishly working to ready the convention center for use despite claims that resources are not wanted, County Judge Clay Jenkins said.

The CBD American Shaman location on North Plano Road in Richardson has received a shipment of of the Shaman Cleansing Wash. (Courtesy CBD American Shaman of Richardson)
CBD American Shaman makes hand sanitizer, cleansing wash for franchise stores, including Richardson location

The businesses’ Richardson location received shipments of the cleansing wash earlier this week and is expecting to receive the hand sanitizer next week.

The 400 for 500 campaign at Communion Neighborhood Cooperative donates benevolent meals to those in need. (Courtesy Communion Neighborhood Cooperative)
Roundup: 5 Richardson restaurants give back during the coronavirus outbreak

From discounts to donations, here is what restaurants in Richardson are doing to support the community.

Dallas County Commissioners voted April 3 to extend the county's stay-at-home order through May 20, but Dallas County Judge Clay Jenkins announced April 4 that he is extending the county’s stay-at-home order only through April 30. (Courtesy Brian Jackson/Adobe Stock)
UPDATED: Dallas County Judge extends stay-at-home order through April 30

Dallas County Judge Clay Jenkins announced April 4 that he is extending the county’s stay-at-home order through April 30.

The American Red Cross is urging people to continue donating blood to avoid any shortages during the COVID-19 outbreak. (Courtesy Adobe Stock)
American Red Cross avoids near-shortage of blood donations, urges donors to keep scheduling appointments

When concerns about the COVID-19 outbreak started to rise to new levels in the nation in March, thousands of blood donors canceled appointments with the American Red Cross.

The Grapevine-Colleyville ISD Health Department has been busy assisting the district with health initiatives, such as delivering meals. (Courtesy Amy Taldo)
ROUNDUP: 5 recent stories on the DFW area’s continued coronavirus response

Read the latest coronavirus updates from communities in the Dallas-Fort Worth area below.

Dallas County Judge Clay Jenkins announced April 2 new provisions within the shelter-in-place order meant to stem the rapid increase of coronavirus cases. (Screenshot courtesy FOX 4 News)
Dallas County judge clarifies shelter-in-place order, condemns businesses that violate it

Employees who work for essential businesses but have the capability to work from home must now do so, Jenkins said at an April 2 press conference.

Local bar and restaurant Lockwood Distilling Co. donated hand sanitizer to the Richardson police and fire departments. (Courtesy Richardson Police Department)
Medical gear, sanitation items donated to first responders in Richardson

Both the fire and police departments have recently received donations of masks and hand sanitizer, staff reports.

Items in the Haus Market include ketchup, mustard, juices, fruits and vegetables, King's Hawaiian Rolls, cookies and more. (Courtesy Dog Haus Biergarten)
Dog Haus Biergarten helps Richardson residents avoid trips to the grocery store through launch of mini market

Haus Market items include antibiotic- and hormone-free meats as well as cheese, butter, eggs, french fries, bread, cookies, bottled water, toilet paper and paper towels.

President Donald Trump signed a $2 trillion package March 27 to provide relief during the coronavirus pandemic. (Courtesy Adobe Stock)
Sen. John Cornyn discusses provisions laid out in CARES Act

The $2 trillion package provides funding to help fight the virus and to provide financial assistance for Americans during the pandemic.