Governor Greg Abbott has announced that LTD Material LLC will receive a Texas Semiconductor Innovation Fund (TSIF) grant of over $1 million. The funding supports the construction of an 88,000-square-foot manufacturing and research facility in Austin. This project aims to expand production capacity for high-purity quartz parts, which are essential for wafer fabrication and semiconductor manufacturing. According to state officials, the initiative is expected to create 40 jobs and represents a capital investment exceeding $25 million.
“Texas leads America’s resurgence in semiconductor manufacturing,” said Governor Abbott. “With this $25 million capital investment, LTD Material is helping to expand an already robust supply chain that is essential to the growing semiconductor manufacturing ecosystem in Texas. In partnership with industry leaders, Texas will accelerate domestic semiconductor manufacturing and reduce reliance on foreign supply chains to meet our nation’s technology demands of tomorrow.”
LTD Material produces precision-engineered products vital for wafer manufacturing processes. The expansion includes building a modern manufacturing and R&D facility next to its current plant. Additionally, the company plans to offer specialized training for CNC machinists and glass blowers—technical roles that do not require college degrees but provide stable career opportunities.
“The TSIF grant allows LTD Material to meet the surging demand from U.S. semiconductor foundries while reducing dependence on foreign quartz suppliers, a key strategy to the government’s focus on strengthening overall national security,” said LTD Material CEO Kevin Nguyen. “Since the beginning, LTD Material chose the state of Texas for its headquarters exactly due to this type of civil leadership in innovation, workforce development, and economic competitiveness.”
Senator Sarah Eckhardt commented on the local impact: “Austin is the beating heart of our state’s semiconductor industry. I’m excited for the many good jobs this project will create locally and sustain for years to come. This investment will help us effectively meet the needs of our growing community and bolster our state’s position as a leader on the frontier of America’s technological future.”
The TSIF was established through legislation signed by Governor Abbott in 2023 as part of the Texas CHIPS Act. The fund encourages growth in semiconductor research, design, and manufacturing across Texas by providing grants aimed at attracting companies within this sector. The program is managed by the Texas CHIPS Office under the Economic Development & Tourism Office in the Office of the Governor.
