The plant is expected to bring 3,000 new jobs. Production of much-needed microchips at the new facility won't begin for about three years, but the CEO says long term they'll be able to fill a huge void.
Gov. Greg Abbott attended a groundbreaking ceremony Wednesday in Sherman for a new Texas Instruments facility. The plant is expected to bring 3,000 new jobs.
Gov. Abbott called the $30 billion project the largest economic development investment in Texas history. Once completely built out, as the market demands, Templeton says the plant will employ some 3,000 workers who will produce much-needed chips needed to power all sorts of technology. Marks believes the pandemic revealed widespread weaknesses in the supply chain with chips needed to power many vehicles stuck in China and many Chinese cities still in some level of COVID lockdown.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden invokes Defense Production Act to address nationwide shortage of baby formulaEmploying the 1950 Act would prioritize key ingredients for formula production and compel suppliers to provide the needed resources to manufacturers.
Read more »
University of Utah Health addresses baby formula crisisUniversity of Utah Health officials addressed the current baby formula shortage on Tuesday.
Read more »
Local aviation company offering pilot training at reduced price to combat pilot shortageA shortage of pilots has the potential to impact everyday travelers, according to experts. If aviation companies start to lose profits, flights could be harder to come by.
Read more »
Appeals court issues order allowing Texas Fetal Heartbeat law to be enforced - KRLD All Local - Omny.fmA former prison guard at the Carswell Federal Medical Center in Fort Worth could wind up on the other side of the bars for 30-years; Dallas Police have filed more charges against the man accused of opening fire in a hair salon; Texas Instruments has broken ground on the first of four semi-conductor plants in Sherman. KRLD All Local - May 18, 2022
Read more »
Former cooks revive crowd-favorite barbecue shop after pandemic closureAt the core of the new restaurant will be the two custom-built, Texas-style smokers that Owlbear owner Karl Fallenius broke-in.
Read more »
Formula shortage: Abbott plant reopening, Biden offers support, Suffolk launches emergency effortPresident Joe Biden is helping baby formula manufacturers and major retailers with logistic support to get formula into the country, according to a White House official, and also attempting to identify areas where communities may be at 'critically low supply.'
Read more »