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.

California Democrats Guilty of RICO Violation?   

In the wake of Nick Shirley’s exposure of government fraud in California, CA Democrats proposed a law making journalistic exposure of crimes a crime.

People Better Wake Up

We are becoming a compartmentalized society, funneled into narrow lanes of information and influence where everything begins to reinforce itself.

Irish Government on the Verge of Collapse Amid Massive Protests?

The restless natives of the Emerald Isle, facing attempted genocide were they not white, have made their largest showing of defiance to date.

The EU’s €90 Billion Loan To Ukraine Is Meant To Buy Time For The Democrats To Return

Orban’s “democratic ouster” is expected to remove Hungary’s procedural opposition to the EU’s planned €90 billion loan to Ukraine.

The Plot to GET TRUMP in 2026   

Metaxas hosted Jim Kunstler, once a GOP critic, he endorsed Trump and confirms "deep state" conspiracies especially the removal attempts against Trump.

Ratcliffe’s CIA reacts: New Ukraine impeachment evidence exposes Democrats’ ‘bad faith’

Former CIA Director John Ratcliffe defended Trump in 2019 impeachment; new declassified evidence questions accuser credibility and bias.

Chevron Agrees on Asset Swap in Venezuela to Focus on Heavy Oil Projects

Chevron reached agreements with the Venezuelan government to expand its operations in the world’s largest extra-heavy crude oil field, the Orinoco Belt.

Appeals Court Terminates Criminal Contempt Proceedings Against Trump Admin

An appeals court has put a stop to criminal contempt proceedings initiated by U.S. District Judge James Boasberg against the Trump administration.

California Democrats Guilty of RICO Violation?   

In the wake of Nick Shirley’s exposure of government fraud in California, CA Democrats proposed a law making journalistic exposure of crimes a crime.

Trump Says Pam Bondi is Out as His Attorney General

President Trump says Pam Bondi is out as his Attorney General. Bondi will be replaced by her deputy Todd Blanche, who will serve as acting attorney general.

Trump Signs Order Imposing 100 Percent Tariffs on Certain Imported Pharmaceutical Drugs

President Donald Trump signed executive orders on Thursday raising levies on some medications and refining calculations on steel tariffs.

Trump Says US Core Objectives in Iran Are ‘Nearing Completion’ in Primetime Address

President Trump will deliver a primetime address from the White House on April 1 to update the nation on the U.S. military operation against Iran.
spot_img

Related Articles

Popular Categories

MAGA Business Central