Silicon wafers like the ones seen here are used in manufacturing semiconductors. A global shortage of semiconductor chips has exacerbated supply chain issues worldwide. The new GlobiTech facility in Sherman will aim to alleviate that by bringing more manufacturing capacity to the U.S.—and right here in North Texas. [Photo: GlobiTech]
Beating out potential sites in Ohio and South Korea, the city of Sherman was selected today by GlobiTech for a new $5 billion, 3.2 million-square-foot silicon wafer facility. The plant could eventually produce more than 1 million silicon wafers monthly when production begins by 2025.
It's Sherman's second big manufacturing win in a month. Just weeks ago, Texas Instruments broke ground in the city on new semiconductor wafer fabrication plants with a potential $30 billion investment.