KEY POINTS
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Power management and AI infrastructure solutions company, LITEON Technology Corp., plans to invest $919 million in a new North American manufacturing campus in McKinney, Texas.
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The project includes repurposing more than 650,000 square feet of industrial space in the Core5 Logistics Center and is expected to create at least 600 jobs over the next several years.
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The investment adds to North Texas’ advanced manufacturing base and could generate renovation, fit-out, and long-term supplier opportunities tied to power and AI infrastructure production.
LITEON Technology Corp. will invest $919 million in a new North American advanced manufacturing campus in McKinney, Texas, a project expected to create at least 600 jobs over the next several years, according to a July 13 statement from the company and local officials.
The Taiwan-based company, which focuses on power management and AI infrastructure solutions, said the campus will be located in more than 650,000 square feet of existing industrial space at the Core5 Logistics Center in McKinney.
City and economic development leaders described the project as one of the largest private investments in McKinney’s history.
Existing Industrial Space to Be Repurposed
Rather than building from the ground up, LITEON is acquiring and repurposing existing industrial space within the Core5 Logistics Center, a move that points to near-term renovation and facility upgrade activity.
The company said the new positions will span engineering, advanced manufacturing, and corporate operations. Hiring is expected to begin as renovations are completed, with jobs opening in phases over the next several years.
That phased approach suggests a multiyear rollout for the campus, with potential nonresidential construction work tied to tenant improvements, manufacturing line installation, electrical and mechanical systems, and other building upgrades needed to support advanced production.
North Texas Adds Another Advanced Manufacturing Project
The McKinney project adds another major advanced manufacturing investment to North Texas, where local officials have been building out industrial and technology employment centers.
In the statement, McKinney Mayor Bill Cox said LITEON’s decision reflects years of local investment in schools, workforce development and quality of life. Local leaders also said the deal was supported through coordination among the City of McKinney, the McKinney Economic Development Corp. and the State of Texas.
LITEON Chairman Tom Soong called the Texas expansion a historic milestone for the company and said local and state support helped make the investment possible.
What It Means for Construction
The project stands out for the scale of capital being committed to an industrial conversion tied to high-tech manufacturing.
Large manufacturing campuses of this type can generate potential work across building renovation, specialty trades, power systems, process equipment installation, and long-term facility support.
They can also create downstream demand for building product manufacturers and regional suppliers serving industrial and technology-related projects.
The announcement also reinforces continued momentum in Texas for projects connected to advanced manufacturing, electrical infrastructure, and AI-related supply chains.
Last week, ConstructConnect reported that Toyota Motor North America plans to invest $3.6 billion to expand its San Antonio, Texas, manufacturing campus, adding a second vehicle assembly line, 2,000 jobs, and 2.5 million square feet by 2030.
McKinney Continues to Compete for Major Employers
McKinney officials said the city has recently attracted other large corporate investments, including Globe Life, Encore Wire and RTX, and is continuing to expand its base of advanced manufacturing and technology employers.
LITEON’s move gives the city another major employer in that mix while broadening its industrial footprint in a fast-growing North Texas market.
LITEON develops optoelectronics and power management technologies for markets including cloud computing, automotive electronics, 5G, and AIoT.
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