TAIPEI, Taiwan: #Investment--LITEON Technology (TWSE: 2301) announced a strategic investment of US$919 million to establish an advanced manufacturing facility in McKinney, Texas. The project is expected to create at least 600 high-quality direct jobs and represents one of the largest private investments in McKinney’s history. The investment will further strengthen LITEON's presence in North America and support growth opportunities driven by the rapid expansion of AI infrastructure and energy-related markets.

The new operations site will span more than 650,000 square feet in McKinney and support a broad range of manufacturing, operational, and engineering activities. The project is expected to contribute to long-term economic growth in the region while enhancing LITEON's responsiveness and service capabilities for partners and customers across North America.

"This investment marks an important milestone in LITEON's global growth strategy," said Tom Soong, Chairman of LITEON. "The new site will not only strengthen our presence in North America, but also create greater synergies across our global operations by aligning regional and global resources, providing a strong foundation for future growth. As AI infrastructure development and the global energy transition continue to reshape industries, this investment will further strengthen LITEON's global competitiveness and support the company's long-term growth."

The McKinney facility builds on LITEON's existing presence in Texas and reflects the company's long-term commitment to expanding its North American footprint. The investment will enhance LITEON's operational flexibility and strengthen its position in the rapidly growing AI infrastructure and energy sectors.

Fonte: Business Wire