Tech Company LITEON to Establish North American Headquarters in McKinney with Nearly $1b Investment
The project is expected to create at least 600 jobs and expand the company’s North American footprint as AI demand grows, officials said.
- On Monday, Texas Governor Greg Abbott announced that LITEON will invest $919 million to establish a new manufacturing facility in McKinney, Texas, creating more than 600 jobs.
- The expansion capitalizes on surging demand for high-end server power supplies and high-efficiency backup battery units, as LITEON bolsters its cloud computing and AI infrastructure capabilities.
- Abbott confirmed the initial project phase includes a $307 million capital investment and a $3.5 million Texas Enterprise Fund grant, with the 650,000-square-foot McKinney site supporting manufacturing and engineering.
- Chairman Tom Soong stated the expansion "represents a historic milestone for our company," while McKinney Mayor Bill Cox noted the project reinforces the city's appeal to technology companies.
- Production is expected to begin as early as next year, positioning the facility to expand LITEON's North American footprint while aligning regional and global resources for sustained growth.
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12 Articles
LITEON Picks McKinney For $919 Million North American Headquarters
Taiwan-based electronics manufacturer LITEON will establish its North American headquarters and an advanced manufacturing facility in McKinney, bringing a planned $919 million investment and creating more than 600 jobs over the life of the project, Gov. Greg Abbott announced Monday. The project’s initial phase includes a $307 million capital investment and the creation of 500 jobs. To support the expansion, the state awarded LITEON a $3.5 millio…
Asian electronics giant Lite-On selects McKinney for nearly $1 billion investment
Lite-On plans to manufacture AI power systems and other advanced technology at its new North American headquarters in McKinney. The company is moving forward despite a setback with a key tax incentives program. Learn about the types of jobs the company will be hiring for as the campus takes shape over the next several years.
LITEON Commits $919 Million to New McKinney Texas Manufacturing Hub
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