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Governor Boosts Texas Chip Supply Chain with $3.9M Grant to Schunk Xycarb

· Texas Border Business

Governor Greg Abbott announced a $3.9 million grant from the Texas Semiconductor Innovation Fund (TSIF) to Schunk Xycarb Technology Inc. for expanding their facility in Georgetown. This project is expected to create 25 new jobs and involves over $42 million in capital investment. Abbott emphasized that this expansion will enhance Texas's semiconductor supply chain and create high-skilled jobs. Xycarb, part of the Schunk Xycarb Group, specializes in manufacturing components for semiconductor wafer processing. The funding aims to strengthen Texas's position in the semiconductor industry and support local economic growth.

AI summary · Source: Texas Border Business

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