(WBAP/KLIF) — A Taiwanese electronics company, Lite-On Technology USA Inc., is considering a major expansion in McKinney, Texas, that could bring about 500 new jobs and advanced manufacturing to the area.
The company is looking to purchase two buildings totaling over 650,000 square feet in a new industrial park in McKinney. To seal the deal, local officials are finalizing a multimillion-dollar incentives package, including a tax abatement from the McKinney Independent School District.
If approved, the project could save Lite-On about $4.75 million in school district taxes over a 10-year period.
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