A Renaissance for ‘Made in America’?

5Mind. The Meme Platform
The Epoch Times Header

Supply chain woes have more companies eyeing manufacturing here at home

It wasn’t long ago that Sherman, Texas, might have been best known as the birthplace of Buck Owens, the late country-and-western star, or as the home of Austin College, one of the state’s oldest colleges. More recently, however, the city of nearly 44,000 people located about 65 miles north of Dallas has had something else to brag about: a growing reputation as a center of high-tech manufacturing.

In June, Taiwan-based semiconductor manufacturer GlobalWafers announced plans to build a state-of-the-art, $5 billion silicon wafer factory in Sherman, which beat competing sites in South Korea and Ohio for the facility. The plant will produce advanced, 300-millimeter wafers—which are currently manufactured in Asia—and could support as many as 1,500 jobs over time.

The GlobalWafers announcement came on the heels of Dallas-based Texas Instruments saying that it would put up as many as four new semiconductor (or chip) manufacturing plants in Sherman, potentially investing $30 billion and employing up to 3,000 people. Before selecting the North Texas city, the company had considered Singapore for the facilities, which also will produce 300-millimeter wafers.

The latest developments are a far cry from previous decades in Sherman, when factories there making surgical dressings and automotive glass products were shuttered, with some of the jobs going to other countries.

“We’ve suffered our ups and down,” Sherman Mayor David Plyler said. “But as the economy changed and we started telling our story, things turned. Now folks want to be here.”

Sherman’s success at luring new factories underscores how some cities and towns across the country are enjoying a manufacturing renaissance. That renaissance comes after the United States spent decades shipping manufacturing jobs overseas—mainly to lower-cost suppliers in East Asia, especially China. In 1990, the United States made 37 percent of the world’s computer chips, a figure that since has fallen to about 12 percent. Now, however, some of the manufacturing is coming back, promising communities new jobs and new life.

By Glenn Hunter

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.
00:02:22

Young Washington: Movie Review

Sitting in the theater watching Young Washington, I found myself wondering why this story hadn’t been made into a film sooner.
00:02:08

A Movie That’ll Keep You Awake: A Great Awakening

So how does someone (me) who thinks they’ve just seen the greatest movie ever (A Great Awakening), persuade you to watch it?

Ring That Bell

If I could travel back in time to 1776,...

Thoughts On America 250

Before you, American reader, is the honor, blessing, and privilege of celebrating the 250th anniversary of our nation. A nation toward which God has been merciful, shining His great grace.
00:01:39

Citizen Vigilante Delivers the Warning Western Governments Desperately Need to Hear

Citizen Vigilante shows what happens when the state stops defending the native population and shields favored migrant groups while criminalizing native dissent.
00:01:35

Trump Declares National Emergency to Secure US Power Grid From Foreign Cyber Security Threats

President Trump declared a national emergency to secure the national power grid, citing foreign cyber and security threats.

Judge Lifts Block on Trump’s Mail-In Ballot Restrictions

A federal judge in Massachusetts on Aug. 26 lifted a block she ordered against postal service rules that limit mail-in voting.
00:00:34

Meta Settles Lawsuit Alleging Social Media Harms to Children for $17 Billion

Meta Platforms has agreed to pay out as much as $17 billion to settle state claims that it designed Facebook and Instagram to addict children.
00:04:51

Dolly Parton Dies at 80, Family Says

Singer Dolly Parton, who was 80, has died, her family said on Aug. 25, and now she is in the arms of Jesus.
00:05:01

US Imposes 50 Percent Tariffs on Some Canadian Goods After Last-Minute Trade Talks Collapse

U.S. Trade Representative Jamieson Greer said that new tariffs on Canadian imports will take effect as the two nations have failed to reach a trade deal.
00:20:06

First Lady Unveils Racing Collaboration, $2 Million in ‘Fostering the Future’ Scholarships 

First Lady Melania Trump at the White House announce $2 million in scholarships for foster youth, expanding her Fostering the Future initiative.
00:01:31

Trump Announces Pause on 50 Percent Tariff as US, Canada Reach Last-Minute Deal

President Trump announced he would delay an additional 50 percent tariff on certain Canadian goods following last-minute talks between the two countries.
00:01:47

Trump Says He’ll Declare the Hormuz Strait a US Territory ‘Pretty Soon’

President Trump announced his intention to declare the Strait of Hormuz a U.S. territory, introducing a new position regarding the vital waterway.
spot_img

Related Articles

Popular Categories

MAGA Business Central