Samsung asks for planning permission for 11 fabs in Texas
Author: EIS Release Date: Jul 29, 2022
Samsung has asked for planning permission for 11 fabs in Texas – two in Austin and nine in Taylor – which would involve a total outlay of about $200 billion.
“We currently do not have specific plans to build at this time,” says Samsung, “ however, the Chapter 313 applications to the State of Texas are part of a long-term planning process of Samsung to evaluate the viability of potentially building additional fabrication plants in the United States.”
Samsung already operates a fab in Austin and is building another and has started work on its first fab in Taylor.
The 11 new fabs include:
Taylor Fab 2
Estimated total value of project: $15.1
Proposed number of new jobs: 900
Proposed tax break over 10 years: $364.9 million
Proposed start of construction: 2025
Proposed start of operations: 2034
Proposed tax breaks begin: 2035
Average annual wage for 25 “qualifying” jobs, to meet Chapter 313 requirements: $158,944
Average annual wage of 875 additional jobs: $$69,433
Taylor Fab 3
Estimated total value of project: $15.5 billion
Proposed number of new jobs: 900
Proposed tax break over 10 years: $390.8 million
Proposed start of construction: 2029
Proposed start of operations: 2035
Proposed tax breaks begin: 2036
Average annual wage for 25 “qualifying” jobs, to meet Chapter 313 requirements: $158,944
Average annual wage of 875 additional jobs: $69,433
Taylor Fab 4
Estimated total value of project: $16.5 billion
Proposed number of new jobs: 900
Proposed tax break over 10 years: $416.1 million
Proposed start of construction: 2029
Proposed start of operations: 2036
Proposed tax breaks begin: 2037
Average annual wage for 25 “qualifying” jobs, to meet Chapter 313 requirements: $158,944
Average annual wage of 875 additional jobs: $69,433
Taylor Fab 5
Estimated total value of project: $17.5 billion
Proposed number of new jobs: 900
Proposed tax break over 10 years: $436.8 million
Proposed start of construction: 2029
Proposed start of operations: 2037
Proposed tax breaks begin: 2038
Average annual wage for 25 “qualifying” jobs, to meet Chapter 313 requirements: $158,944
Average annual wage of 875 additional jobs: $69,433
Taylor Fab 6
Estimated total value of project: $18.5 billion
Proposed number of new jobs: 900
Proposed tax break over 10 years: $472.6 million
Proposed start of construction: 2029
Proposed start of operations: 2038
Proposed tax breaks begin: 2039
Average annual wage for 25 “qualifying” jobs, to meet Chapter 313 requirements: $158,944
Average annual wage of 875 additional jobs: $69,433
Taylor Fab 7
Estimated total value of project: $19.5 billion
Proposed number of new jobs: 900
Proposed tax break over 10 years: $485.3 million
Proposed start of construction: 2029
Proposed start of operations: 2039
Proposed tax breaks begin: 2040
Average annual wage for 25 “qualifying” jobs, to meet Chapter 313 requirements: $158,944
Average annual wage of 875 additional jobs: $69,433
Taylor Fab 8
Estimated total value of project: $20.5 billion
Proposed number of new jobs: 900
Proposed tax break over 10 years: $507.1 million
Proposed start of construction: 2027
Proposed start of operations: 2040
Proposed tax breaks begin: 2041
Average annual wage for 25 “qualifying” jobs, to meet Chapter 313 requirements: $158,944
Average annual wage of 875 additional jobs: $69,433
Taylor Fab 9
Estimated total value of project: $21.5 billion
Proposed number of new jobs: 900
Proposed tax break over 10 years: $542.5 million
Proposed start of construction: 2029
Proposed start of operations: 2041
Proposed tax breaks begin: 2042
Average annual wage for 25 “qualifying” jobs, to meet Chapter 313 requirements: $158,944
Average annual wage of 875 additional jobs: $69,433
Taylor Fab 10
Estimated total value of project: $23 billion
Proposed number of new jobs: 900
Proposed tax break over 10 years: $551.6 million
Proposed start of construction: 2029
Proposed start of operations: 2042
Proposed tax breaks begin: 2043
Average annual wage for 25 “qualifying” jobs, to meet Chapter 313 requirements: $158,944
Average annual wage of 875 additional jobs: $69,433