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KoMiCo, whose employees clean equipment used in semiconductor manufacturing, entered into an agreement with the city of Round Rock in 2022 for a $30 million facility expansion. In exchange for adding 70 employees to the company’s payroll, 40,000 square feet and $30 million in improvements to the property, the company received $750,000 in incentive payments funded by sales tax. This project allowed KoMiCo to secure a $2 million Texas Semiconductor Fund Grant in March 2025, said Porter. This is just one example of investment in the industry, as other businesses have received similar opportunities to grow in anticipation of supporting the future Samsung facility. Local incentives In recent years, the city of Round Rock has executed economic development agreements with the following semiconductor businesses in the area to expand their facilities and increase stang: KoMiCo Requirements: expand facility by 40,000 square feet, add 70 new jobs, make $30 million in real and business personal property improvements Incentives: $750,000 Tekscend Photomask Requirements: $185.49 million expansion and purchases of business personal property for existing facility, add 50 new jobs Incentives: $1.25 million Valex Requirements: 75 new jobs, $12 million in facilities expansions, business personal property Incentives: $225,000 This list is noncomprehensive.
In recent years, ve businesses have opened an oce or expanded facilities in the city. Most recently, a South Korean company with a long history in the Round Rock community won a $2 million grant from the state to support its expansion. Round Rock Mayor Craig Morgan said the city has long served as a home for the technology sector. Even before Dell Technologies brought the city to the global stage when it located its headquarters there in 1994, Tekscend Photomask—formerly Toppan Photomask— opened its manufacturing operations in Round Rock in 1986.
In the four years since Samsung’s announcement of its $45 billion facility in Taylor, the local semiconductor industry has grown both in size and scale. Federal and state dollars have spurred a growing number of businesses in the industry, with new and existing businesses in the Round Rock community investing in expansions and new locations to support the future chip fabrication facility. To support the new facility, Dave Porter, executive director of the Williamson County Economic Development Partnership said, about 150 component suppliers will need to locate within an hour of the 1,200-acre site.
Semiconductor arrivals The Round Rock area has seen a number of businesses recently open in support of the semiconductor industry.
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1 Tekscend Photomask US Inc. Opened: 1986 2 KoMiCo Technology Inc. Opened: 2007 3 Micron Technology Inc. Opened: 2014 4 Samsung Austin Semiconductor LLC (Taylor) Opened: 2021 5 Valex Opened: May 2022 6 Tekscend Photomask Round Rock Inc. Opened: April 2023 7 iMarket America Opened: 2024
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SOURCE: CITY OF ROUND ROCKCOMMUNITY IMPACT
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