TAB Celebrates Texas Win: $17 Billion Investment by Samsung

Austin — The Texas Association of Business (TAB) CEO, Glenn Hamer, released a statement today celebrating Texas leadership’s latest economic development win. The state secured a $17 billion investment for Samsung’s chip-making plant in Taylor Texas.


“Texas is a national leader in semiconductors, and Samsung’s new plant will help us meet the global demand for chips,” said TAB CEO Glenn Hamer. “Economic development incentives were crucial to securing this enormous investment. We congratulate Williamson County for earning Samsung’s partnership and thank Governor Greg Abbott for keeping Texas the best state for business.”

TAB is the voice for Texas businesses, representing more than 1,500 members and 200 local chambers. United to protect the business-friendly climate, TAB works on the frontlines, in a bi-partisan manner, to deliver real solutions that promote economic development in Texas. Follow TAB on Facebook, Twitter, and LinkedIn.