'Great Opportunity': Lehi and Silicon Slopes react to $11B investment from Texas Instruments

  • 📰 KSLcom
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

City and business leaders are reacting to Utah's deal with Texas Instruments that will result in the company building a second chip factory in Lehi and hundreds of high-paying jobs.

LEHI – City and business leaders applaudedthat will result in the company building a second chip factory in Lehi and adding hundreds of high-paying jobs.

The 800 new jobs will have an average salary of $110,000 and Johnson said the area's highly educated workforce is ready to fill those positions. "Great opportunity for us to see another great, big organization really planting their roots here inside of Utah," said Ryan Boswell, the senior director of growth at Silicon Slopes. "We have diligent, hard workers and we've got people who want to make Utah better and better over and over again."

Texas Instruments was awarded a post-performance tax reduction for the new factory. The tax credit is expected to save Texas Instruments up to $34.6 million in taxes over 20 years, the governor's office told KSL.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 549. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Texas Instruments selects Utah for its newest wafer fab facility - Dallas Business JournalThe new fab will be located next to Dallas-based Texas Instruments' existing wafer fab in Lehi, Utah. When completed, the two factories will operate as a single fab.
La source: DallasBizNews - 🏆 525. / 51 Lire la suite »