“For more than 90 years, TI has been a member of the powerful ‘Made in Texas’ brand and we are proud that the company has chosen to continue its legacy of innovation in the Lone Star State,” said Governor Abbott. “In addition to bringing billions of dollars in capital investment and thousands of new jobs to North Texas, this historic investment will keep Texas a national leader in semiconductor manufacturing while also strengthening the domestic semiconductor supply chain. I thank TI for choosing Sherman as the site for up to four new semiconductor manufacturing facilities as we work together to keep Texas a global hub for innovation in advanced technology and manufacturing.”

“Our commitment to North Texas spans more than 90 years, and this decision is a testament to our strong partnership and investment in the Sherman community,” said TI Chairman, President, and CEO Rich Templeton. “TI’s future analog and embedded processing 300-mm fabs at the Sherman site are part of our long-term capacity planning to continue to strengthen our manufacturing and technology competitive advantage and support our customers’ demand in the coming decades.”

“Texas has developed a worldwide reputation for its pro-growth policies, highly adaptable workforce, and abundant natural resources, all of which played a crucial role in TI’s decision to make this massive investment in American manufacturing right here in Sherman,” said Mayor David Plyler. “Even among its peer cities in the Lone Star State, Sherman has both the infrastructure and quality-of-life that set it apart. We thank God that Texas Instruments has made the decision to locate in our growing, historic, and business-friendly community.”

TI was founded in Dallas in 1930 and has additional locations in Richardson, Sherman, and Houston. Ranked number 210 on the list of Fortune 500 companies, TI is one of the largest employers in the state and the only semiconductor company headquartered in Texas.

Source: gov.texas.gov

“As a result of the inaction by your administration and the Mexican government, I launched Operation Lone Star in early March to help secure the border and combat the smuggling of people and drugs in Texas,” reads the letter. “I urge you to engage the Mexican government about ways to prevent the smuggling of individuals, drugs, and the continued flow of illegal immigrants into Texas. Additionally, I urge you to take action to protect American assets from seizure by the Mexican government, potentially in violation of international trade laws. Accordingly, I ask that your administration immediately engage in a dialogue with Mexican officials to discuss the immediate withdrawal of the Mexican military from U.S. owned business interests and convey that no further actions to undermine energy development, production or transmission activities will continue.”

The Wall Street Journal recently reported that the Mexican National Guard was deployed to shut down fuel storage assets owned by Texas-based Monterra Energy. Other American companies face similar operational threats, remain closed, and are under the supervision of the militarized police force despite their continued efforts to work with Mexican regulators.

Source: gov.texas.gov

“Exceptional companies like CBRE are attracted to Texas because of our dynamic workforce and unrivaled business climate,” said Governor Abbott. “CBRE’s expansion in the Dallas-Fort Worth Metroplex will bring over one thousand high-paying jobs and greater opportunities for the hardworking people of North Texas, and I look forward to a strong relationship with the company as we work together to keep Texas the national model for economic prosperity.”

“CBRE is not a stranger to North Texas and its decision to sprout deeper roots in Dallas proves what many know about the thriving commercial real estate market here,” said Senator Royce West. “Even in the midst of a pandemic, Dallas reported the most commercial real estate deals in the U.S. in 2020. Texas knows what it takes to attract businesses and looking forward into 2022, the markets agree with CBRE that Dallas is a great place to do business.”

“CBRE is a great corporate citizen making a positive impact on North Texas, and the expansion of their global business base makes their impact even more significant,” said Representative Morgan Meyer. “Their expansion means new jobs and growth and is a harbinger of the immense growth potential of North Texas.”

“Once again Texas is proving to be the most attractive state in the country due to limited regulations, low taxes, quality education, a prepared workforce, and strong economy,” said Senator Angela Paxton. “We are excited that CBRE is expanding its presence in Richardson as the North Texas community is a great place to live, work, and raise a family.”

“I can think of no better place for a great company like CBRE, Inc. to sink deeper roots into than right here in the heart of North Texas,” said Representative Jeff Leach. “With the expansion of its workforce at its global headquarters in Dallas County, CBRE will reap the benefit of strong schools, reliable infrastructure, low taxes and a tight-knit community of kind, warm and welcoming neighbors. I thank Governor Abbott for his strong and steady leadership of the Lone Star State, ensuring Texas remains the best place in America to live, work and raise a family.”

“CBRE’s growth in Dallas demonstrates once again that our city is a cutting-edge economic powerhouse,” said Mayor Eric Johnson. “And this deal proves that we are committed to building for an even brighter future. We are thrilled to partner with CBRE, the state, and our local educational institutions to foster our city’s burgeoning culture of innovation and to prepare our workforce for the jobs of tomorrow.”

“As the heart of the Telecom Corridor(R) area and home to the Richardson IQ(R), we are proud CBRE has made the strategic choice to locate its operations center in this innovative ecosystem,” said Richardson Mayor Paul Voelker. “The 550 new jobs that come with this project have good neighbors in an area especially designed for collaboration and we are excited about the possibilities CBRE has here in Richardson.”

CBRE, a Fortune 500 and S&P 500 company, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

Source: gov.texas.gov