Samsung is seeking a taxpayer-subsidized incentives package worth more than $1 billion to choose Austin for its next big facility – a 7-million-square-foot next-generation chip fabrication plant that would be valued at more than $17 billion and create 1,800 jobs, according to documents filed with the state.
The documents made public by the Texas comptroller s office Thursday show that Samsung is seeking tax abatements from Travis County, the city of Austin and the Manor school district. Samsung is also seeking an incentive deal from the state s Texas Enterprise Fund, according to the documents.
The company wants a 100% tax abatement over 20 years from Travis County, which would be worth $718.3 million. Travis County spokesman Hector Nieto said the county has not received a formal application from Samsung. He declined to comment further.
Plánuje Samsung výstavbu továrny na čipy v Texasu?
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