Subsidy Tracker Individual Entry

Company: 
Texas Instruments
Parent Company: 
Texas Instruments
Subsidy Source: 
local
Location: 
Texas
City: 
Richardson
County: 
Collin
Project Description: 

computer chip plant

Year: 
2003
Major Industry of Parent: 
electrical and electronic equipment
Specific Industry of Parent: 
semiconductors
Subsidy Value: 
$600,000,000
Program Name: 
property tax abatement
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
1,000
Capital Investment: 
$3,000,000,000
Source of Data: 

The subsidy value and the jobs and investment projections came from: Sarah Post, "Tax entities must sign off on TI deal," Dallas Morning News, July 20, 2003.

Notes: 

The subsidy value consisted of the estimated value of property tax abatements over 24 years from the city of Richardson, Collin County, the Plano school district and the Collin County Community College District. The plant was completed in 2006, but production did not begin until 2009. The main Subsidy Tracker data includes a $50 million Texas Enterprise Fund entry for 2003.

Source Notes: 
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