It wasn’t long ago that Sherman, Texas, might have been best known as the birthplace of Buck Owens, the late country-and-western star, or as the home of Austin College, one of the state’s oldest colleges. More recently, however, the city of nearly 44,000 people located about 65 miles north of Dallas has had something else to brag about: a growing reputation as a center of high-tech manufacturing. In June, Taiwan-based semiconductor manufacturer GlobalWafers announced plans to build a state-of-the-art, $5 billion silicon wafer factory in Sherman, which beat competing sites in South Korea and Ohio for the facility. The plant will produce advanced, 300-millimeter wafers—which are currently manufactured in Asia—and could support as many as 1,500 jobs over time. The GlobalWafers announcement came on the heels of Dallas-based Texas Instruments saying that it would put up as many as four new semiconductor (or chip) manufacturing plants in Sherman, potentially investing $30 billion and employing up to 3,000 people. Before selecting the North Texas city, the company had considered Singapore for the facilities, which also will produce 300-millimeter wafers.
Veranese Promoted to CEO of AMI
With the continued growth and evolution of Advanced Manufacturing International, Inc. (AMI), the