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Report: Samsung to build $17B plant in Taylor

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Posted By: Dreadnought, 11/22/2021 8:39:55 PM

Taylor, Texas — Samsung Electronics Co. is set to announce plans to build a $17B chipmaking plant in Taylor, the Wall Street Journal reported Monday. Samsung previously indicated in its application filings that it wanted to start construction in January 2022. Last week, Taylor Independent School District trustees approved a Chapter 313 agreement with Samsung, which gives the company a break on property taxes, according to the Austin Business Journal. ABJ reported the plant could create 1,800 jobs. An attorney who worked on Taylor ISD’s agreement told KXAN the deal would save Samsung about $292 million in gross taxes over 15 years. After additional payments

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Reply 1 - Posted by: Dreadnought 11/22/2021 8:40:23 PM (No. 985988)
They are going to have to widen I-35 to 20 lanes in the Austin region.
8 people like this.

Reply 2 - Posted by: Omen55 11/22/2021 9:05:15 PM (No. 986000)
Not going to Blue states anymore.
7 people like this.

Reply 3 - Posted by: subal 11/22/2021 9:20:43 PM (No. 986007)
And the governor of California had no comment!
11 people like this.

Reply 4 - Posted by: Califedup 11/22/2021 9:48:09 PM (No. 986019)
The F Joe Biden slave of China Regime will swiftly move to block this construction of this vital industry in the USA as soon as the Chinese Pooh Bear Dictator expresses his displeasure to the communist death democrats and their republican allies. F Joe Biden will sic the EPA, OSHA, the FBI, and every other federal agency to halt this plant in it's tracks. What America building it's own chips at home and not importing them for our enemies? No way F Joe Biden and his fellow communists will allow this to happen.
5 people like this.

Reply 5 - Posted by: red1066 11/22/2021 10:25:54 PM (No. 986056)
Did the school district own the property?
2 people like this.

Reply 6 - Posted by: smokincol 11/22/2021 11:02:42 PM (No. 986072)
that seals the deal for me! I won't buy any electric thingamabob unless it's Samsung. my cell phone and it's so old it can/will vote in 2022 and 2024. gotta love the Korean people and, of course, KImchi and Bulgogi.
11 people like this.

Reply 7 - Posted by: seamusm 11/23/2021 12:17:05 AM (No. 986094)
Not happy AT ALL! Gonna make getting my favorite Mueller BBQ much harder, now.
5 people like this.

Reply 8 - Posted by: texaspast 11/23/2021 1:27:28 AM (No. 986121)
Too close to Austin. Conservative Taylor (the epitome of 'small town Texas') will be swallowed up by Travis County :[Austin crazy land] frothing-at-the-mouth liberals. If you owned one of those picturesque-but-long-abandoned downtown buildings in Taylor, your lottery ticket just got punched! Everybody else in Taylor, sell your house to the yankee/Cali crazies and move to East Texas or Oklahoma.
8 people like this.

Reply 9 - Posted by: atexaslupine 11/23/2021 4:27:56 AM (No. 986153)
I live in downtown Taylor—it’s not as conservative as it once was. The school district did not own the 600+ acres they’ve bought so far; we were once a big rail hub that lies a stone’s throw from the tollway around Austin (great infrastructure); and the BBQ is better at Snow’s in Lexington. I’m excited for the small businesses downtown and hope that someone will FINALLY buy that one old two story building at 3rd and Main which has been empty for time immemorial…or at least as long as I’ve been here (21 years).
5 people like this.

Reply 10 - Posted by: Trigger2 11/23/2021 4:42:45 AM (No. 986157)
At least Samsung has the smarts to build that plant in TX.
9 people like this.

Reply 11 - Posted by: hisself 11/23/2021 8:30:50 AM (No. 986314)
Taylor Cafe was the best BBQ I have ever eaten, which includes tasting in Nashville and various spots in NC. Mueller was a distant second, and I never tried Snows. For the record, the worst was in NC (too vinegary), and then Black's and Bill Millers.
2 people like this.

Reply 12 - Posted by: snowoutlaw 11/23/2021 9:36:02 AM (No. 986375)
Samsung makes a lot of the memory chips used in everything. Both flash and DRAMs are in short supply these days.
2 people like this.

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