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Samsung taps Taylor as site for new manufacturing plant

Electronic giant Samsung announced last week that it will build a new semiconductor manufacturing facility in the Central Texas town of Taylor, about 40 miles northeast of Austin. The $17 billion investment will be the largest foreign direct investment in Texas to date and brings the company’s total investment in the state to $35 billion.Samsung already operates a facility in Austin, its lone U.S. manufacturing plant.The deal was helped along with a $27 million Texas Enterprise Fund grant, according to Gov. Greg Abbott’s office. In addition, city, county and school district officials put together incentive packages worth of hundreds of ...

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331
806-872-2177