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:
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: If an online information source is not working, check the Tracker inventory page for an updated link.