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Updated over 2 years ago on . Most recent reply
![Bryan Noth's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/685982/1621495445-avatar-bryann15.jpg?twic=v1/output=image/crop=1365x1365@0x183/cover=128x128&v=2)
Semiconductor giant Micron scouts Central Texas for major factory
This article highlights Micron Technology Inc's pledge to massively expand their chip production capabilities over the coming decade. The company has been eyeing several locations but two counties in Central Texas are under strong consideration: Williamson (North Austin, Cedar Park, Round Rock, Hutto, Taylor) and Caldwell (Lockhart, near New Braunfels and San Marcos between Austin and San Antonio) according to sources. Initial reports suggested this factory is expected to be a $40 billion dollar investment alone with up to 10,000 jobs.
Lockhart is considered to be a front runner as they recently considered a substantial Chapter 313 tax incentive proposal, suggesting Micron or another large development has been eyeing the area closely.
ABJ article link here:
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Recent news on this project citing that North Carolina is now out of the running for the potential development from Micron, strengthening Central Texas' potential to snag this plant.
The article cites that the company is strongly considering the Austin area. Stay tuned everyone
Article link: