Advanced Process Solutions To Build $40M Plant To Supply North Texas Semiconductor Industry
A tiny North Texas city just secured its first piece of the region's growing semiconductor industry.
Advanced Process Solutions plans to build a $40M manufacturing facility in Van Alstyne’s Cold Springs Industrial Park. Work on the 100K SF plant on a 9-acre site near the corner of State Highway 5 and County Road 375 is slated to start this summer and wrap up by early next year, the Dallas Business Journal reported.
“APS — a trusted supplier to Texas Instruments and GlobalWafers — chose Van Alstyne for its strategic proximity to Sherman and access to a skilled workforce,” Van Alstyne Community and Economic Development Corps. Executive Director Joey Grisham said in a LinkedIn post this week.
APS specializes in industrial-grade automation, plastic fabrication and field services.
Sherman, a city less than 15 miles north of Van Alstyne, has become the epicenter of the semiconductor industry’s investment in the Dallas-Fort Worth region. Texas Instruments is spending $40B on a manufacturing megasite there, and semiconductor companies GlobalWafers and Coherent have also constructed multibillion-dollar plants in the city.
The APS facility is expected to bring 175 jobs to the tiny city that straddles the Grayson County-Collin County line. The Van Alstyne CEDC estimates the city's population at just over 6,700 people, but city officials expect a continued influx of new residents in the years ahead.
“This is a momentous time for APS and we are excited to expand our advanced [research and development], high-purity manufacturing, and cleanroom capabilities in Texas,” APS Chairman Suhas Uppalapati said in a statement to the DBJ. “This milestone ... reflects APS’s long-term commitment to supporting the rapidly growing U.S. semiconductor ecosystem with precision-engineered process solutions for leading semiconductor manufacturers and technology partners.”
APS is based in Blue Ridge, a town in eastern Collin County. The company bought the industrial site from the Van Alstyne EDC for $792K, according to city documents.
Texas Instruments started production at the first of four planned semiconductor manufacturing facilities in Sherman late last year. The new facility, called SM1, will produce tens of millions of chips per day for products such as cellphones, smart home appliances and data centers.
The semiconductor industry has proven to be a huge catalyst for growth in Sherman. The city's population has grown by 20% since 2020, according to Census Bureau data, and several high-profile developments have come calling.
Cope Equities LLC is building a $250M mixed-use project in Sherman that will feature 21 acres of single-family houses, 15 acres of commercial property, 12 acres of multifamily housing and 6 acres of townhomes.
San Antonio-based grocery powerhouse H-E-B also announced plans to open a store in the Sherman Crossroads development near the Texas Instruments and GlobalWafers facilities.
