![]() "We have plenty of water, which is gold currency for cities and economic development right now," Plyler said. Local lawmakers in the past have purchased water rights at the nearby Lake Texoma, which hovers over the Texas-Oklahoma border and is one of the largest reservoirs in the country. Among the major draws there, he said, were water and power. Water and powerįlessner also took us to the construction site in Sherman. The plant came online in September and marks the company's second plant in Richardson, where Texas Instruments plans to manufacture a combined 100 million analog chips per day. So we have 80,000 products that ship out to 100,000 different customers."įlessner said the company's technology is in "about anything that you can plug into a wall or that has a cord in it."ĬNBC interviewed Flessner at Texas Instruments' RFAB2 fab in Richardson, Texas, a suburb just north of Dallas. "If you have an electronic device, you almost certainly have a TI semiconductor chip inside of it. "It is very much so the calculator company to much of the world, but we are so much more than that," said Kyle Flessner, senior vice president of Texas Instruments' technology and manufacturing group. Texas Instruments went on to design products like the first handheld electronic calculator in 1967, and is still known for graphing calculators that are used in classrooms around the world. That invention opened up the possibility of miniaturizing chips by creating the entire circuit, not just the transistors, out of silicon. Seven years after that, an engineer at the company named Jack Kilby filed for a patent for the integrated circuit. Texas Instruments was founded in 1930 as Geophysical Service Inc., adopting its current name in 1951. Plyler said Sherman's "entire tax base was around $4 billion." "Texas Instruments went a long way in putting Sherman on the map," said David Plyler, the city's mayor, adding that the new fab represents "a huge investment in our community." And it adds to the company's legacy in Sherman, which dates back to a separate facility in 1966. Texas Instruments' fab in Sherman, a town of 45,000 people 60 miles north of Dallas, is an even bigger investment. ![]() ![]() With the new facility near Austin, it will "increase their ability to source their chips domestically and not have to go into areas of the world where they may have some discomfort," Taylor said. "It's equidistant from either coast and we know that some of the world's most prominent fabless companies are actually in the United States." "Our customers love to come to Texas," said Jon Taylor, Samsung's corporate vice president of fab engineering. The company opened a second fab there in 2007. Samsung came to Texas in 1996, breaking ground on a big fab in Austin that's now used entirely for foundry, making logic chips for outside customers. It will be the location of Samsung's first advanced chips produced in the U.S, but it's not the company's first foray in the state. Samsung's new plant in the town of Taylor is scheduled to come online next year. We also toured the two biggest new projects under construction in the state. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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