Updated almost 4 years ago on .
Construction starts on one of the country's biggest developments
Construction work is underway on one of the Austin area's largest projects: Samsung Electronic Co. Ltd.'s $17 billion next generation chipmaking facility in Taylor.
Drone photos taken by the Austin Business Journal in late June show initial site work being done at the roughly 1,200-acre site for the project in Taylor, about 40 miles northeast of Austin. The facility is rising near the former intersection of County Roads 401 and 404 and is expected to be 6 million square feet when completed.
The start of construction marks a major milestone for the project, which is expected to have ripple effects across the whole region.
A handful of Samsung suppliers have revealed potential projects in the region. Applied Materials Inc. (Nasdaq: AMAT), which supplies almost every major semiconductor company in the world with equipment and software, is eyeing a massive project in Hutto that could create 500 jobs and result in $2 billion in capital investment. United Kingdom-based Linde PLC (Nasdaq: LIN), the largest industrial gas company in the world, is looking to build on the Samsung campus in Taylor in an investment that could top $300 million. Valex Corp., which makes ultra-high purity process components used in semiconductor production, is opening a facility in Round Rock. Toppan Photomasks Inc. recently had an application for school district incentives denied in Round Rock, but is still eyeing expansion in the city, which is just down the road from Taylor.
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