Fort Worth is doubling down on its “Silicon Prairie” ambitions with a new $229M investment from Adom Industries Inc.
The technology startup is planning to build its headquarters, a prototyping lab and a semiconductor fabrication facility at 4400 Alliance Gateway Freeway.
The project, located on the city's far north side, is expected to bring 267 jobs and includes $182.5M in equipment and $46.7M in property improvements, according to the Dallas Business Journal.
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The deal hinges on a $15M incentive grant from Fort Worth, to be paid over 15 years, which is up for city council approval on Aug. 12. Still, Adom Industries is already recruiting in-person engineers in electrical, mechanical, software and robotics roles on its website.
Fort Worth is expanding its semiconductor footprint, said Kelly Baggett, innovation coordinator for the city’s Economic Development Department.
“We're eager to pull more of it this way, rather than seeing opportunities like this always land up in the eastern side of the Metroplex,” she said. “We believe that this project will become one of Fort Worth's most significant semiconductor-related projects to date.”
Just last month, Taiwanese tech giant Wistron InfoComm Corp. announced a $687M investment in North Fort Worth for its first U.S. manufacturing facilities. The city and Denton County approved tax abatements for the more than 1M SF the company plans to build.
Wistron will manufacture components for Nvidia's artificial intelligence-powered supercomputers at its Fort Worth facilities, according to a presentation from the city.
Adom Industries plans to expand its headquarters in four phases from 2027 to 2033, according to Fort Worth Economic Development Manager Michael Hennig. The city expects to break even within eight years, with the project projected to generate more than $3.3M in net new tax revenue after 15 years.
Sherman is leading North Texas’ “Silicon Prairie” surge, with more than $40B in semiconductor investments from Texas Instruments and GlobalWafers in the pipeline.
Fort Worth, meanwhile, is pairing its tech sector push with more than $2B in downtown development, including a major transformation of Panther Island into a mixed-use waterfront district.
The first phase of the $701M Fort Worth Convention Center expansion is set to wrap early next year, ultimately delivering new exhibit halls, a ballroom, modernized meeting space and a new southeast entrance facing the Texas A&M-Fort Worth campus.
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