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TAYLOR, Texas (KXAN) – Williamson County and the City of Taylor could decide during a convened meeting on Wednesday whether or not to welcome a $ 17 billion Samsung semiconductor plant to the area.
Local leaders stand ready to “discuss, consider and take appropriate action on a resolution in support of Samsung Austin Semiconductor, LLC’s choice of Williamson County as the location for its semiconductor plant,” according to the agenda.
MORE: If Samsung’s $ 17 Billion Factory Comes To Texas – When?
According to documents, the technology company is investigating nearly 1,200 acres southwest of downtown Taylor “in an area south of State Highway 79, north of County Road 1660, east of County Road 3349, and west of Farm to Market Road 973”. The plant could create at least 1,800 jobs.
The Austin Business Journal reports that the company has applied for Chapter 313 property tax incentives with the Taylor Independent School District. Samsung is also reviewing locations in Austin, Phoenix and New York state for its new chip factory, the news agency said.
BACKGROUND: A global chip shortage just keeps getting worse – that’s how Austin plays a role in it
Williamson County’s public documents for the project also mention the global chip shortage caused by the pandemic. A new chip factory could help fix the problem that hurt production for GM and Ford cars earlier this year.
The meeting begins on Wednesday at 5:00 p.m. at the Taylor ISD Event Center.
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