Tokyo Electron Plans Expansion in Right to Work Texas
Tokyo Electron U.S. Holdings Inc is investing $30 million in order to expand its facility in Right to Work Austin, Texas. As a result, they plan to train around 2,200 individuals each year.
From Area Development Magazine:
“TEL U.S. is honored to receive this funding from the Texas Semiconductor Innovation Fund to enhance our research and development efforts in the state we’ve called home for over 30 years. […] This grant is a testament to the State of Texas’ commitment to leading the production of domestic semiconductor technology, and we look forward to the progress in our industry that funding like this will enable.” […]
“Texas is where the technologies of tomorrow are developed today. […] Tokyo Electron’s more than $30 million investment builds on our state’s leadership in the semiconductor industry and will help bolster semiconductor-related job training to prepare thousands of Texans for better job and bigger paycheck opportunities. Thanks to the competitive business advantages found in Texas, we continue to attract job-creating investments by global industry leaders as we advance America’s resurgence in semiconductor research, development, and manufacturing.”
To read the previous economic update on Right to Work states, click here.