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Looking To Lure Samsung Plant, Small Texas City Gives Go-Ahead on Incentives

Central Texas Officials Approve Economic Incentives on Proposed $17 Billion Plant
An aerial view of Samsung's existing semiconductor plant in East Austin, Texas. The chipmaker is considering a site near this plant plus another site about 27 miles north as part of a new $17 billion expansion. (CoStar)
An aerial view of Samsung's existing semiconductor plant in East Austin, Texas. The chipmaker is considering a site near this plant plus another site about 27 miles north as part of a new $17 billion expansion. (CoStar)

South Korean chipmaker Samsung is one step closer to the potential selection of a small town about 35 miles northeast of downtown Austin, Texas, for a $17 billion plant in what could be one of the largest foreign corporate investments in U.S. history.

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