LITEON Technology, a Taiwanese electronics manufacturer, is set to establish a significant AI power and infrastructure manufacturing facility in McKinney, approximately 23 miles east of Aubrey. Texas Governor Greg Abbott announced the project, which will involve an investment of nearly $919 million and is expected to create over 600 jobs throughout its duration.
The initial phase of the project includes a $307 million capital investment and the creation of about 500 jobs. The facility will cover more than 650,000 square feet and will serve as LITEON's North American headquarters for advanced manufacturing, focusing on the power systems essential for AI data centers.
The state has supported the initiative with a $3.5 million grant from the Texas Enterprise Fund and a $100,000 Veteran Created Job Bonus.
Founded in 1975, LITEON has evolved from its roots in LED technology to become a key player in the AI sector, with its AI-related revenue projected to reach 40 percent this year.
The new facility will be strategically located in North Texas, which has the highest number of planned data centers in the state, allowing for the efficient design and production of necessary power systems close to the market.
This investment marks one of the largest corporate commitments in McKinney's history, enhancing the city’s economy and adding a significant employer in the advanced manufacturing sector. Details regarding construction and hiring timelines have yet to be disclosed.
