GlobiTech Plans 1.5k New Jobs in Right to Work Texas

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GlobiTech is making a major investment in Right to Work Sherman, Texas. In fact, they are planning to invest several billion dollars in order to add a new manufacturing facility here. As a result, this will create 1,500 new jobs. So this investment is a major win for the area’s economy!

From Area Development Magazine:

“Advanced 300 millimeter silicon wafers are currently manufactured in Asia, forcing the U.S. semiconductor industry to rely on imported silicon wafers. […] This exciting and bold investment in my hometown of Sherman will represent the first new silicon wafer facility in the U.S. in over two decades and close a critical semiconductor supply chain gap.†[…]

“For this large investment, we received tremendously competitive proposals, and it was a difficult decision on selecting our location. After serious deliberation, we have once again chosen our long-time partner, the City of Sherman, Texas, based on the aggressive local and state incentives, ample resources and especially the business and personal relationships that we have developed over 20 years. Based on earlier announcements on related projects, we are excited about the prospects of developing the City of Sherman into the complete semiconductor ecosystem to support the growing United States semiconductor industry.†[…]

“The State of Texas continues to attract and support world-class manufacturers and global investments that are leading breakthroughs in innovation and technology. […] GlobiTech’s ongoing partnership with the City of Sherman will create more than a thousand new jobs for the region and invest billions of dollars into our state’s economy, boosting Texas’ global position in the semiconductor industry amid a worldwide chip shortage. We look forward to continuing working with GlobiTech to keep providing economic opportunities through its expanded presence in the Lone Star State.â€

AREA DEVELOPMENT MAGAZINE

To read the previous Area Development update on Right to Work states, click here.

To read more updates on Right to Work states, click here.


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