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.

Louisiana Voters Reject Cassidy and His Costly Healthcare Policies

On Saturday, incumbent U.S. Senator Bill Cassidy (R-LA) finished in a distant third place in the Louisiana Republican primary with only 24% of the vote.

The Illusion of Ceasefire

Western diplomacy often views ceasefires as steps toward peace. Hybrid terrorist movements often use them to regroup, recover, reorganize, and strengthen for future conflict.

Mr. CIA COVID ‘Whistleblower’ Goes to Washington

The real question: How could an active CIA agent “blow the whistle” on the agency he works for all of his own volition?

South Korea Will Remain A Key Part Of The US’ Chinese Containment Plans

Trump-Xi optimism dimmed after a quieter U.S.-South Korea defense meeting in Washington raised doubts about easing Sino-US tensions.

When Institutional Language Becomes Policy

Frequency, tone, repetition, thematic emphasis, and omission can now be studied across large bodies of text. Patterns once dismissed as anecdotal can be analyzed and tested.

Judge Allows Gun Found in Mangione’s Backpack to Be Used as Evidence

The judge in the United Healthcare CEO Brian Thompson’s fatal shooting case ruled that prosecutors are allowed to use the alleged gunman’s weapon in the upcoming trial.

US Issues Travel Advisories Over Ebola Outbreak in Congo

The CDC released an alert over an outbreak of a strain of the Ebola virus in the DRC as the UN health body declared it an international emergency.

Trump Drops $10 Billion Lawsuit Against IRS

President Trump’s attorneys filed a court notice voluntarily dismissing his $10 billion lawsuit against the IRS and the U.S. Treasury Department.

TrumpRx Expanded to Offer 600 Generic Drugs

Consumers can now find more than 600 discounted generic medications through TrumpRx.gov and have them delivered to their homes.

Trump Heading to China for High-Stakes Summit With Xi

President Trump is set to depart Washington for China, where he will meet with Chinese leader Xi Jinping for a high-stakes summit.

Tech, Business Leaders Set to Accompany Trump on China Trip

President Trump is bringing a delegation of business executives when he travels to China for a summit with Chinese Communist Party leader Xi Jinping.

Trump Nominates FEMA Lead Fired From Role a Year Ago

The WH released a list of nominees for various positions across the federal government, including former Navy SEAL Cameron Hamilton to take over aa lead.

What to Know About Trump’s Presidential Fitness Test Award Revival

In the coming academic year, old-fashioned calisthenics, timed runs, and the spirit of competition could return to many public schools.
spot_img

Related Articles

Popular Categories

MAGA Business Central