Governor Greg Abbott (R) announced that LITEON will establish its new North American headquarters and advanced manufacturing facility in McKinney, bringing a planned $919 million investment and more than 600 jobs to North Texas.
What is LITEON bringing to Texas?
Governor Greg Abbott announced that LITEON, Inc. will establish its North American headquarters for advanced manufacturing in McKinney, Texas, where the company will produce artificial intelligence (AI) power and infrastructure-related solutions.
The initial phase of the project includes a $307 million capital investment and is expected to create 500 new jobs. Over the life of the project, LITEON plans to invest $919 million to create more than 600 jobs.
To support the expansion, Texas awarded the company a $3.5 million Texas Enterprise Fund (TEF) grant, along with a $100,000 Veteran Created Job Bonus.
What will the facility produce?
The McKinney facility will focus on designing and manufacturing AI power and infrastructure solutions that support next-generation technologies and advanced computing applications.
State leaders say the investment further strengthens Texas' position as a leader in advanced electronics manufacturing, research, and technology development.
What Officials and Company Leaders Are Saying
Gov. Greg Abbott: "This major Expansion will create hundreds of good-paying jobs in McKinney and further strengthen Texas' leadership in advanced electronics manufacturing, research, and development."
Sen. Angela Paxton: "Bringing its new North American headquarters...will create 500 high-quality jobs, generate significant capital investment, and further establish Texas as the nation's leader in advanced technology and reshoring manufacturing."
LITEON Chairman Tom Soong called the Texas expansion a historic milestone for the company.
Tom Soong: "McKinney is a community that shares our values of hard work, innovation, and opportunity, and we are honored to be part of its future."
The Bottom Line
LITEON will establish its North American headquarters and advanced manufacturing operations in McKinney through a project expected to invest $919 million and create more than 600 jobs. State officials say the expansion strengthens Texas's growing role in AI infrastructure and advanced manufacturing.
