LITEON Technology, a Taiwanese electronics manufacturer, will build a significant AI power and infrastructure facility in McKinney, as announced by Gov. Greg Abbott. The project represents an investment of nearly $919 million and is expected to create over 600 jobs throughout its duration.
The initial phase of the project involves a capital investment of $307 million and the creation of approximately 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 power systems essential for AI data centers.
The state has supported this initiative with a grant of $3.5 million from the Texas Enterprise Fund and an additional $100,000 Veteran Created Job Bonus.
Founded in 1975, LITEON was the first electronics company listed on the Taiwan stock exchange and has a long history in LED technology and power management modules. The company is now shifting its focus to the demands of AI data centers, which require efficient and reliable power systems.
This facility will be strategically located in North Texas, the fastest-growing data-center market in the country. The investment marks one of the largest corporate commitments in McKinney's history, further enhancing the local economy. Construction and hiring timelines for the facility have not yet been disclosed.
The investment is part of a broader wave of AI infrastructure manufacturing being built in the United States.