Gov. Greg Abbott, left, with Kinam Kim, Vice Chairman and CEO of Samsung Electronics Device Solutions Division, on Nov. 23, 2021.
On Nov. 23, 2021, Samsung Electronics made its largest investment in the United States by announcing it was building a $17 billion semiconductor manufacturing facility
in the small town of Taylor, Texas.
Now, one year later, what was once fields along Farm to Market 973 is now dotted with dozens of cranes and hundreds of construction workers. The growth experienced across the area has been exceptional.
"For more than 25 years, Samsung Austin Semiconductor has demonstrated our commitment to being a good corporate citizen in Central Texas," Jon Taylor, corporate vice president of Samsung Austin Semiconductor, said. "We have been drivers of job generation, significant economic impact and we prioritize regular engagement in the community through organizations that have invested in our success. From the local school district to our employees to the communities our workforce call home, we believe in making a positive impact."