AUSTIN (WBAP/KLIF) – Governor Greg Abbott announced on Monday that GlobiTech Incorporated will establish an additional manufacturing facility in Sherman.
GlobiTech, a subsidiary of Taiwan-based GlobalWafers Co., Ltd., provides silicon epitaxy products and services to the worldwide semiconductor industry.
“The State of Texas continues to attract and support world-class manufacturers and global investments that are leading breakthroughs in innovation and technology,” said Governor Abbott. “GlobiTech’s ongoing partnership with the City of Sherman will create more than a thousand new jobs for the region and invest billions of dollars into our state’s economy, boosting Texas’ global position in the semiconductor industry amid a worldwide chip shortage. We look forward to continuing working with GlobiTech to keep providing economic opportunities through its expanded presence in the Lone Star State.”
According to the Governor, the project will create 1,500 new jobs and generate billions of dollars in capital investment. A Texas Enterprise Fund grant of $15 million has been extended to GlobiTech. In addition, GlobiTech has been offered a $10,000 Veteran Created Job Bonus.
“Advanced 300 millimeter silicon wafers are currently manufactured in Asia, forcing the U.S. semiconductor industry to rely on imported silicon wafers,” said Mark England, GlobiTech President. “This exciting and bold investment in my hometown of Sherman will represent the first new silicon wafer facility in the U.S. in over two decades and close a critical semiconductor supply chain gap.”
The announcement came just weeks after Texas Instruments broke ground on a chip manufacturing facility in Sherman.
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