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.
00:02:08

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.
00:09:03

Two birthdays apart

The Bicentennial was not just a commemoration of 200 years of independence – it was a coast‑to‑coast block party of red, white and blue.
00:02:31

Is Charlie Kirk’s Assassination Looking More Like a Conspiracy?

Enough videos have been posted to the internet, plenty...
00:06:01

Anthony Fauci Invokes Fifth Amendment, Refuses to Answer Questions

Dr. Anthony Fauci on July 29 declined to answer questions from senators following the release of a diary he compiled while working in government.
00:00:38

Johnson & Johnson to Pay $5.5 Billion in Settlement to Resolve Baby Powder Lawsuits

Johnson & Johnson said it will pay $5.5 billion to resolve outstanding lawsuits alleging that its baby powder and other talc products caused ovarian cancer.

Energy Department Issues Emergency Order to Secure Power Grid in 17 US States

The Dept of Energy (DOE) has issued an order to tackle an energy emergency situation across 17 U.S. states triggered by hot weather conditions.
00:00:42

HHS Unveils Policy to End Funding for ‘Dangerous Gain-of-Function Research’

New HHS policy to end federal funding for gain-of-function research, halting support for experiments that enhance organisms.
00:01:42

2 Small Businesses Sue Trump Admin Over New Forced Labor Tariffs

wo small businesses have filed a lawsuit to block new tariffs imposed by the Trump administration on dozens of trading partners.

Trump Imposes Tariffs on 60 Countries Over Forced Labor

The United States will impose new tariffs ranging between rates of 10 percent and 12.5 percent on more than 60 trading partners beginning on July 24.
00:01:36

Secret Service Agent in Vance’s Detail Under Investigation Over Leaks, Spokesperson Says

The Secret Service announced that it has placed a member of VP JD Vance’s security detail on administrative leave for allegedly leaking information.
00:59:35

Trump Admin Pausing $1 Billion in Medicaid Payments to 2 States

The federal government is pausing more than $1 billion in Medicaid payments to two states, Health Secretary Robert F. Kennedy Jr. said on July 21.
spot_img

Related Articles

Popular Categories

MAGA Business Central