Samsung pumps big money into its Austin facility

Samsung Austin (KXAN Photo)
Samsung Austin (KXAN Photo)

AUSTIN (KXAN) — Samsung Austin Semiconductor plans to pump more money into its Central Texas facility.

The company says it will invest more than a billion dollars by the first half of next year. KXAN’s John Dabkovich gets some specifics on what kinds of jobs all this money will create.

“We have a 150,000-square foot building under construction right now,” said Catherine Morse, general counsel and senior director of public affairs for Samsung Austin. “We will hire hundreds of new workers. no exact number and in hundreds. Our suppliers will add personnel to add demand so we are looking for big job growth and we will buy tools and pay for labor.”

“It’s a real economic boom. We will not only employee at Samsung, but in the community,” Morse continued.

What kind of jobs? “We will add engineer and technician jobs. We call it… people who work on tools and run processes and run preventative maintenance and so forth.”

Since its establishment in 1997, Samsung has invested millions in its Austin facility. In 2007, the company received more than $200 million in economic incentives from the city and state to finish construction on its original plant.

In 2010, Samsung expanded the plant and announced the creation of 1,500 more jobs. And in 2012, the company spent about $4 billion to renovate the Austin facility and to ramp up chip production.

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