California-tied firm eyes billions of dollars in investment in Texas

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A massive advanced semiconductor manufacturing plant boasting a $108 billion capital investment over 40 years may land on acreage owned by the Texas A&M...

A massive advanced semiconductor manufacturing plant boasting a $108 billion capital investment over 40 years.An entity tied to San Francisco-based Substrate Inc. may invest billions of dollars and create 2,000 jobs in Texas with the development of an advanced semiconductor manufacturing facility.

The facility would be located on an undeveloped portion of the Texas A&M RELLIS Education and Research campus, located in Brazos County.The scope of the project would involve a total investment during the six-year construction period of more than $12.6 billion. The project’s proposed start date is slated for the fourth quarter of this year.

This project, which is located in an opportunity zone, is within the Bryan Independent School District. While the startup said nondisclosure agreements prevent it from divulging potential offerings extended by Oregon and New York, those states stand out in the site-selection process due to their emphasis on semiconductor manufacturing.to the northeastern state a few years ago, a sore spot for many in the economic development game in Texas.

 

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