X-FAB Makes Expansion in Right to Work Texas

X-FAB is has plans to expand its operations at its location in Right to Work Lubbock, Texas. In order to accomplish this, the company is investing a total of $200 million toward the project. As a result, they will also create 250 new jobs. So this is an economic development worth getting excited about! It also shows that Right to Work states create an environment that allows businesses to create new opportunities.

From Area Development Magazine:

“As the leading silicon carbide foundry, we must continue to invest to grow our capacity, capabilities and technical workforce to provide high-quality products and prepare for future generations of products. […] X-FAB is committed to maintaining the foundry leadership position in silicon carbide.†[…]

“For nearly 25 years X-FAB has remained a strong corporate partner in Lubbock’s business community, and today’s announcement further validates Lubbock as a premier destination for manufacturing and distribution both nationally and internationally. […] As the world leader in silicon carbide foundry production, Lubbock remains an integral location in X-FAB’s global network of production sites, providing the industry with cutting-edge technology. â€

AREA DEVELOPMENT MAGAZINE

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