Governor Boosts Texas Chip Supply Chain with $3.9M Grant to Schunk Xycarb
· Texas Border Business
Governor Greg Abbott has announced a $3.9 million grant from the Texas Semiconductor Innovation Fund (TSIF) to Schunk Xycarb Technology Inc. for expanding their production facility in Georgetown. This expansion is expected to create 25 new jobs and involves a capital investment exceeding $42 million. Abbott emphasized Texas's role as a manufacturing leader, stating that the expansion will enhance the semiconductor supply chain and provide high-skilled jobs. Xycarb, which produces components for semiconductor processing, aims to double its facility size and improve automation. The grant aligns with Texas's strategy to strengthen its semiconductor industry.
AI summary · Source: Texas Border Business →
