Recent Project Announcements

Texas remains the premier destination for companies to relocate and expand in the U.S. The inquiries from large companies and small businesses alike are not slowing down. Our economic expansion and positive outlook for the future have kept prospect activity high. Here some of companies that have recently announced their move or expansion in the state of Texas. 

Terafab in Grimes County: SpaceX will build a vertically integrated semiconductor fabrication plant in Grimes County. The first phase of the Terafab project represents a capital investment of more than $16.8 billion and will create 3,000 new jobs. A Texas Enterprise Fund (TEF) grant was extended to SpaceX and the project qualified under the Texas Jobs, Energy, Technology & Innovation (JETI) program.  

IEM in San Antonio: Industrial Electric Mfg. (IEM) announced an advanced manufacturing facility in San Antonio, with a capital investment of $200 million and up to 3,000 new jobs. A TEF grant was extended to IEM for 448 of the new jobs to be created. 

Bristol Myers Squibb in Houston: Bristol Myers Squibb announced a new pharmaceutical manufacturing campus in Houston, expected to create approximately $2.3 billion in capital investment and nearly 500 new jobs. A TEF grant was extended to the company and the project qualified under the JETI program. 

Morgan Stanley in Dallas: Morgan Stanley selected Texas for their new U.S. hub in Dallas—a $684 million capital investment that will create more than 3,800 new jobs. Morgan Stanley’s announcement helps solidify Texas as the financial services capital of America. A TEF grant was extended to the company   

Amazon in Austin: Amazon selected Texas for a new robotics manufacturing facility. The multi-billion-dollar development in Austin will create between 300 to 500 new jobs in manufacturing and engineering. 

Quanta Services in Longview: Quanta Services is investing in a manufacturing plant in Longview. The project will bring an estimated 106 new full-time jobs and a capital investment of more than $75 million to the area. 

Prudential Overall Supply in Round Rock: Prudential Overall Supply, a company in the cleanroom supply industry, will expand in Round Rock to a 100,000-square-foot facility, investing up to $45 million and creating 150 new jobs. 

Valedyn in San Antonio: Valedyn, a subsidiary of Belgian biotech company Ynios Pharma, has chosen San Antonio as the headquarters for its first U.S.-based operations. The company will develop new therapies designed to stabilize patients during severe trauma and critical illness. 

Machine Sciences in Cedar Park: Machine Sciences will expand into Cedar Park with an investment expected to create up to 70 jobs and $32 million in capital expenditure. 

Welby Financial in Friendswood: Welby Financial is preparing to build their new headquarters in Friendswood, representing an estimated capital investment of $50 million. 

HPS in Fort Worth: Hammond Power Solutions (HPS) is planning to build a new transformer manufacturing plant in Fort Worth, expected to create approximately $36 million in capital investment. 

SunOpta in Midlothian: SunOpta is expanding their operations in Midlothian with a new beverage production line, expected to create $35 million in capital investment. 

ACS in Austin: ACS, a precision robotics company for the defense industry, announced a new 191,000-square-foot manufacturing facility in Austin to rapidly scale production. 

Terrafirma in Buda: Terrafirma officially opened their new headquarters in Buda. The company plans to hire hundreds of employees to expand operations in Texas over the next several years. 

Major in Schertz: Major, a producer of screening for industries like mining and energy, has more than doubled their operations in Schertz.  

Six Flags in Arlington: Six Flags will be relocating their corporate headquarters from North Carolina to their current offices in Arlington. This move is slated to be completed by 2027. 

H&MV Engineering in Dallas: Ireland-based H&MV Engineering selected Dallas for their North American headquarters. The move is part of a push to create 1,000 new U.S. jobs over the next five years. 

Intangles in Las Colinas: Intangles USA Inc., part of an India-based fleet technology company, announced their new headquarters in Las Colinas. 

Saronic in Brownsville: Saronic will build a next-generation shipyard at the Port of Brownsville—expected to be the largest in the nation—bringing an estimated 10,000 new jobs and more than $3.2 billion in capital investment. A Texas Enterprise Fund award was extended to the company and the shipyard also qualified under the Texas Jobs, Energy, Technology, and Innovation (JETI) program. 

Texas Instruments in Richardson: Texas Instruments announced a $700 million investment for expanded capacity and technology investments their 300mm semiconductor wafer fab in Richardson. A Texas Semiconductor Innovation Fund (TSIF) grant of $33.6 million was extended to the company. 

Toyota in San Antonio: Toyota Motor Manufacturing Texas will expand manufacturing production capacity with a second vehicle assembly line in San Antonio. The expansion doubles their existing manufacturing footprint in San Antonio and represents a $3.6 billion capital investment that will create 2,000 new jobs. A Texas Enterprise Fund award was extended to the company and the project also qualified under the JETI program. 

LITEON in McKinney: LITEON will establish a new North American headquarters for its advanced manufacturing facility in McKinney for the production of AI power and infrastructure-related solutions. The initial phase of the project represents a $307 million capital investment and 500 new jobs. A Texas Enterprise Fund award was extended to the company. 

FormFactor in Famers Branch: FormFactor will create a new probe card manufacturing facility in Farmers Branch expected to create more than 600 jew jobs and between $140 to $170 million in capital investment in 2026. A TSIF grant of $24.2 million was extended to the company. 

Quantum Global Technologies in Austin: Quantum Global Technologies announced plans for a new services facility in Austin, expected to create 287 new jobs and generate more than $43 million in investment. A TSIF grant of more than $3 million was extended to the company. 

Schunk in Georgetown: Schunk Xycarb Technology announced the expansion of their production facility in Georgetown, bringing $42 million in capital investment and 25 new jobs. A TSIF grant of $3.9 million was extended to the company. 

Caterpillar in Seguin: Caterpillar will expand its advanced engine manufacturing facility in Seguin with an investment of up to $5 million in Texas as part of its five-year, $100 million Building the Future Workforce Initiative.

Apollo in Austin: Apollo Global Management will establish a new strategic hub in Austin to drive innovation, emerging technology and the next phase of the firm's growth.

Samsung Electronics America in Plano: Samsung Electronics America will relocate their U.S. headquarters from New Jersey to Plano by the end of 2026. 

Tesla in Brookshire: Tesla is expanding in Texas with their first solar manufacturing facility, investing up to nearly $3 billion and creating around 1,500 new jobs. 

Waaree Energies in Brookshire: Waaree Energies announced the expansion of their Brookshire solar panel factory from $1 billion to $1.2 billion in investment, creating an additional 300 to 500 jobs on top of the 1,500 already announced. 

Otsuka ICU Medical in Austin: Otsuka ICU Medical announced plans to invest more than $500 million in Austin to expand IV solutions manufacturing in Texas. 

Spearmint Energy in Texas City: Spearmint Energy is expanding into Texas with the construction of a $450 million battery energy storage system to be constructed in Texas City. 

Toyo Solar in Houston: Toyo announced they are building a solar cell manufacturing facility to be co-located at their existing assembly plant. The new project is expected to raise $375 million in capital investment and generate 400 manufacturing jobs. 

Wildcat Discovery and EnergyX in Hooks: U.S. battery materials developer Wildcat Discovery Technologies and lithium technology company EnergyX announced plans for a lithium iron phosphate plant in Hooks. The project is expected to create more than $230 million in investment and 150 new jobs. 

APS in Van Alstyne: Advanced Process Solutions (APS) announced plans for their first manufacturing facility in Texas, located in Van Alstyne. The project is expected to bring $40 million in capital investment and 175 new jobs to the Lone Star State. 

Air Liquide Group in Bay City: Air Liquide Group will expand production capabilities at their site in Bay City with a new $200 million investment to support chemical manufacturing. 

H-One in Seguin: Automotive supplier H-One announced plans to invest $100 million in a new manufacturing facility, creating 170 new jobs. 

Hyundai in Hill County: Hyundai Engineering began construction on a new solar plant in Hill County, bringing $335 million in capital investment. 

KTH in Seguin: KTH, a major Tier-1 automotive supplier, will invest $100 million in a new manufacturing plant in Sequin, expecting to create 173 new jobs by 2031. 

Pratt Industries in Rockwall: Pratt Industries announced the expansion of their manufacturing facility in Rockwall, nearly doubling the square footage. The project is expected to create $90 million in capital investment and nearly 100 new jobs. 

Ninth Avenue Food in Longview: Ninth Avenue Foods announced their new $76 million dairy facility in Longview that’s estimated to bring 150 new jobs. 

Foxconn in Houston: Foxconn, the Taiwan-based contract electronics manufacturer, has announced they are expanding their AI server facility in Houston, bringing $71.9 million in capital investment. 

Amazon in Georgetown: Amazon announced plans to build a $48 million 249,000-square-foot warehouse in Georgetown. 

HEB in San Antonio: H-E-B will expand their Foster Road campus in San Antonio with a new $175 million refrigerated distribution facility.