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.

From legacy to liability

"When the Washington Post cut a third of its shrinking staff, leaders called it 'strategic restructuring'—like calling an iceberg a 'necessary pivot.'!"

The SCOTUS Trump Tariff Test

There is an old expression that goes "If you're...

SCOTUS Strikes Down Tariffs, Judgment Fund, Citizens Will Pay

Trump tariffs ruled illegal; taxpayers pay twice—higher prices in stores, then again through Judgment Fund payouts for mismanagement.

The Poisoning of the Mind: How Public Education Stopped Educating

The most disturbing part of our failing educational system is how few care. Failing to educate children is failing the present and abandoning the future.

MSM’s “Debunked” Big Lie of the 2020 Election

Today, it seems, the news media is being controlled by dark forces whether its the “The Deep State”, the "Intelligence Community" or "Globalist Elites".

Trump Approves DC Emergency Declaration for Potomac Sewage Spill

President Trump approved an emergency declaration for the DC following a massive raw sewage spill into the Potomac River, the FEMA announced.

Student ICE Protests Lead to Lockdowns, Debate Over Discipline in Pennsylvania Schools

A pair of Pennsylvania school districts are the latest to grapple with after effects from student walkouts to protest ICE.

MAHA Proponents React to Trump’s Executive Order on Glyphosate

Invoking the Defense Production Act, Trump signed an EO propelling the domestic production of elemental phosphorus and glyphosate-based herbicides.

Alysa Liu Wins Olympic Figure Skating Gold, First for US Women in 24 Years

American figure skater Alysa Liu emerged victorious in the Olympics, winning the US’ first Olympic gold medal in women’s figure skating since 2002.

Supreme Court Ruling on Tariffs Won’t Change US–China Trade Relations, Analysts

After the Supreme Court ruled Trump’s IEEPA tariffs unlawful, analysts say U.S.-China trade likely won’t change, as other legal levy options remain.

Trump Raises Global Tariff to 15 Percent After Supreme Court Ruling

Trump raised tariffs on all countries to 15% one day after the Supreme Court ruled against the global tariffs his admin imposed last year under the IEEPA.

USTR Will Launch New Trade Probes Covering Major Trading Partners, Greer Says

U.S. Trade Rep Jamieson Greer will launch Section 301 probes targeting major trading partners, signaling broader trade enforcement.

Trump Signs Order to Impose 10 Percent Global Tariffs After Supreme Court Ruling

Trump signed an order to impose a 10% global tariff in response to the Supreme Court striking down sweeping levies issued under an emergency powers law.
spot_img

Related Articles

Popular Categories

MAGA Business Central