Governor Abbott Announces Texas Semiconductor Innovation Fund Grant To Tekscend Photomask

~ In a move to strengthen the semiconductor industry in Texas, Governor Greg Abbott has announced that a $15.2 million grant from the Texas Semiconductor Innovation Fund (TSIF) has been awarded to Tekscend Photomask Round Rock Inc. The grant will be used to expand photomask production capacity at their manufacturing facility in Round Rock, creating 50 new jobs and bringing in over $223 million in capital investment.

Governor Abbott emphasized the importance of Texas in the semiconductor industry, stating that it is where the integrated circuit began and where the future of the industry is being built. He believes that this investment by Tekscend Photomask will further solidify Texas' critical supply chain for semiconductor manufacturing and position the state as a leader in the American resurgence of this field.

Tekscend Photomask is a leading manufacturer of photomasks, which are essential components in semiconductor chip production. The expansion project includes increasing the capacity of their existing facility by over 40%, modernizing equipment and facilities for improved efficiency, and extending technology capability down to the 12nm technology node. This technology is used in chip manufacturing for various devices such as AI, industrial equipment, automotive parts, Bluetooth and Wi-Fi devices, microcontrollers, and sensors.

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John Nykaza, President of Tekscend Photomask Round Rock, expressed his pride in calling Round Rock home since 1987 and supporting the Texas and U.S. semiconductor industry with their world-class photomask manufacturing. He also highlighted how this support from TSIF will accelerate their expansion plans and create high-skilled jobs in Texas while strengthening the regional supply chain.

Senator Charles Schwertner praised Tekscend Photomask's initiative to drive advanced manufacturing in their region through this expansion project. He believes it will not only boost the local economy but also contribute to continued technical progress.

Representative John Bucy III echoed similar sentiments, stating that Texas is a leader in advanced manufacturing and semiconductor innovation. He sees the grant awarded to Tekscend Photomask as a powerful investment in the state's future and a testament to its commitment to building a resilient, world-class semiconductor supply chain.

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The Texas Semiconductor Innovation Fund was established in 2023 through the Texas CHIPS Act, signed into law by Governor Abbott. The fund aims to encourage continued leadership of Texas in semiconductor research, design, and manufacturing. It also includes the Texas Semiconductor Innovation Consortium, which is designed to leverage the state's investments in this industry and support its growth. These programs are administered by the Texas CHIPS Office, a division within the Texas Economic Development & Tourism Office in the Office of the Governor.

With this grant, Tekscend Photomask Round Rock Inc. is poised to play a significant role in driving the next chapter of advanced manufacturing in Texas. Their expansion project not only strengthens the state's position as a premier destination for cutting-edge technology but also creates high-skilled jobs and reinforces its commitment to maintaining its leadership in semiconductor manufacturing.

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