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LITEON Commits $919 Million to New McKinney Texas Manufacturing Hub

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LITEON Commits $919 Million to New McKinney Texas Manufacturing Hub

LITEON Technology is investing approximately $919 million in a new advanced manufacturing facility in McKinney, Texas, one of the largest private capital commitments in the city’s history. The Taiwan based electronics and power management company, listed on the Taiwan Stock Exchange as TWSE 2301, will use the site to establish its North American headquarters for advanced manufacturing, focusing on AI power and infrastructure related solutions. Rather than building from the ground up, LITEON is acquiring and repurposing more than 650,000 square feet of existing industrial space inside the Core5 Logistics Center, a business park in McKinney, with roughly $108.5 million of the total investment earmarked specifically for the factory building acquisition. The project is expected to create at least 600 direct jobs over the next several years, with an initial phase representing a $307 million capital outlay and 500 of those positions. Texas Governor Greg Abbott announced the expansion alongside city and county leaders, framing it as a signal that global technology manufacturers are choosing Texas for reshored production. LITEON Chairman Tom Soong called the investment a milestone in the company’s global growth strategy, saying the McKinney site will align regional and global resources and create synergies across the company’s operations. The facility will support manufacturing, engineering and operational functions and is intended to help LITEON respond more quickly to customers as demand accelerates for AI infrastructure hardware and energy related technology across North America. City officials, including McKinney Mayor Bill Cox, described the deal as a validation of the community’s workforce and infrastructure, noting it strengthens the local tax base and adds to a run of major corporate relocations in Collin County.

McKinney and North Texas Deepen Their Role in the AI Manufacturing Boom

The LITEON investment lands squarely inside a broader wave of AI linked manufacturing spending across North Texas and the state more broadly. Just miles away in Sherman, Texas Instruments is in the middle of a project of a different scale entirely, a planned $60 billion commitment across four connected fabs that will eventually produce more than 100 million chips a day, with its first facility already in production as of early 2026. Further south, Samsung has poured close to $40 billion into its Taylor semiconductor campus, and Toyota recently committed $3.6 billion to expand vehicle assembly in San Antonio. Set against those headline numbers, LITEON’s $919 million project is more modest, but it fits a consistent statewide pattern of manufacturers reshoring or expanding production tied to AI infrastructure, power electronics and advanced energy systems, often with direct support from state incentive programs. LITEON’s choice of an existing building rather than a ground up campus also reflects a common strategy among mid sized manufacturers seeking faster production timelines than a multi year fab build would allow. For McKinney specifically, the deal follows other significant employers moving into the city, including Globe Life, Encore Wire and RTX, reinforcing Collin County’s transformation from a bedroom community into a genuine advanced manufacturing corridor competing with Austin and Dallas for corporate investment. The energy side of LITEON’s stated growth strategy also mirrors a separate trend playing out along the Texas Gulf Coast, where Worley was awarded a major engineering, procurement and construction contract for ExxonMobil’s planned hydrogen and ammonia complex in Baytown, a project positioned to become the largest facility of its kind in the world once it reaches operation. Together, the two projects illustrate how Texas is drawing large scale capital from both ends of the energy and technology spectrum, with AI power hardware expanding in the north of the state even as massive low carbon hydrogen production advances along the coast.

LITEON McKinney Facility Timeline and What Comes Next

LITEON has not published a construction completion date, and much of the near term work will center on renovating and fitting out the acquired Core5 Logistics Center buildings rather than new ground up construction, since the company already owns the real estate. The state’s support package, a $3.5 million grant through the Texas Enterprise Fund and a $100,000 Veteran Created Job Bonus, is tied to job creation milestones rather than a fixed building schedule, and officials expect the full 600 plus positions to be phased in over several years as manufacturing lines come online. Open questions include how quickly LITEON will scale from the initial 500 job phase to full staffing, and how the site’s output will be split between AI power components and broader energy infrastructure product lines. If the ramp proceeds on the timeline local officials have described, the project stands to become a long term anchor for advanced manufacturing employment in Collin County, adding to the tax base and supplier ecosystem that has grown around McKinney’s recent run of corporate relocations.

LITEON Commits $919 Million to New McKinney Texas Manufacturing Hub
LITEON Commits $919 Million to New McKinney Texas Manufacturing Hub

Project Fact Sheet

  • Project Name: LITEON McKinney advanced manufacturing facility and North American headquarters
  • Location: McKinney, Texas, Collin County, at the Core5 Logistics Center
  • Project Value: Approximately $919 million total, including about $108.5 million for factory building acquisition, per LITEON’s company statement
  • Client or Owner: LITEON Technology Corp, TWSE 2301
  • Procurement Model: Acquisition and renovation of existing industrial space rather than new ground up construction
  • Key Components: More than 650,000 square feet supporting manufacturing, engineering and operations for AI power and infrastructure related products
  • Initial Phase Investment: $307 million in capital investment tied to the first 500 jobs
  • Jobs Created: At least 600 direct jobs expected over the next several years
  • State Incentives: $3.5 million Texas Enterprise Fund grant and a $100,000 Veteran Created Job Bonus
  • Strategic Impact: One of the largest private investments in McKinney’s history and an expansion of LITEON’s North American manufacturing footprint

Project Team

  • Client or Owner: LITEON Technology Corp
  • State Government Partner: Office of the Texas Governor, administering the Texas Enterprise Fund
  • Local Economic Development Partner: McKinney Economic Development Corporation
  • Main Contractor: Not yet disclosed
  • Site or Developer: Core5 Logistics Center, McKinney

Frequently Asked Questions

What is LITEON investing in its McKinney, Texas facility? LITEON is investing approximately $919 million to establish an advanced manufacturing facility and North American headquarters in McKinney, Texas.

How many jobs will the LITEON McKinney facility create? The project is expected to create at least 600 direct jobs over the next several years, with an initial phase covering 500 of those positions.

Where is the LITEON McKinney facility located? The facility is located in McKinney, Texas, inside the Core5 Logistics Center in Collin County.

Is LITEON building a new factory in McKinney or renovating an existing one? LITEON is acquiring and renovating more than 650,000 square feet of existing industrial space at the Core5 Logistics Center rather than constructing a new building from the ground up.

What incentives is Texas offering LITEON for the McKinney project? Texas awarded LITEON a $3.5 million grant through the Texas Enterprise Fund along with a $100,000 Veteran Created Job Bonus to support the expansion.

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