On Nov. 23, it was announced that Samsung Electronics, Co., Ltd. (“Samsung”) will build its most advanced semiconductor manufacturing plant in the United States in Taylor, Texas. The location of the $17 billion investment was announced at a press conference held by Governor Greg Abbott at the Governor’s Mansion. Officials from the City of Taylor, Taylor Independent School District and Williamson County have worked to bring the semiconductor manufacturer to Taylor since January 2021. For statements regarding the announcement, click here. Read Governor Abbott's press release here.
On Sept. 8, in a joint meeting with the City of Taylor, the Williamson County Commissioners Court approved a resolution, a Chapter 381 performance-based agreement and a development agreement as an incentive package for Samsung Austin Semiconductor, LLC, to build its newest semiconductor plant in Taylor, Texas. Since January, Williamson County has been in consideration as the possible location of Samsung’s future expansion in the United States, a $17 billion investment. For copies of the agreements and more, click here.