On Wednesday, it was announced that Samsung Electronics, Co., Ltd. will build its new semiconductor manufacturing plant in Taylor, Texas. The location of the $17 billion investment was announced at a press conference held by Governor Greg Abbott. Officials from the City of Taylor, Taylor Independent School District, and Williamson County have worked to bring the semiconductor manufacturer to Taylor since January 2021.
“Williamson County has again proven to be a leader in attracting the world’s top technology companies. To Samsung, I want to say ‘Welcome Home.’ We want to thank Governor Abbott for his amazing leadership and help on this project. With the addition of Samsung on the east side of our county, Apple on the west side and Dell Technologies world headquarters in the center, Williamson County is now home to the technology superhighway of the world,” said Williamson County Judge Bill Gravell.
The new Samsung facility will create 2000 new tech jobs, thousands more indirect jobs, as well as roughly 6500 construction jobs.
“Samsung’s decision to locate its cutting-edge semiconductor fabrication plant in Taylor is the single most significant and consequential development for the local economy since the International & Great Northern Railroad laid tracks here in the 1870’s,” said Taylor Mayor Brandt Rydell. “The City of Taylor is honored to have been selected by Samsung as the site for this critically important project, and we look forward to a long-lasting and mutually-beneficial relationship between our community and the company.”
Construction is slated to begin in 2022 with an estimated completion date of 2024.
