The plant is expected to bring 3,000 new jobs. Production of much-needed microchips at the new facility won't begin for about three years, but the CEO says long term they'll be able to fill a huge void.
Gov. Greg Abbott attended a groundbreaking ceremony Wednesday in Sherman for a new Texas Instruments facility. The plant is expected to bring 3,000 new jobs.
Gov. Abbott called the $30 billion project the largest economic development investment in Texas history. Once completely built out, as the market demands, Templeton says the plant will employ some 3,000 workers who will produce much-needed chips needed to power all sorts of technology. Marks believes the pandemic revealed widespread weaknesses in the supply chain with chips needed to power many vehicles stuck in China and many Chinese cities still in some level of COVID lockdown.
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