Marking one of the largest private investments in the city’s history, global power and AI infrastructure leader LITEON selects McKinney for its new North American manufacturing campus
MCKINNEY, TEXAS – LITEON Technology Corp. (TWSE: 2301), a global leader in power management and AI infrastructure solutions, has selected McKinney for a new North American advanced manufacturing campus. The $919 million investment is expected to create at least 600 new, high-quality jobs over the next several years, making it one of the largest private investments in McKinney’s history.
LITEON’s new campus includes the acquisition of more than 650,000 square feet of existing industrial space in the Core5 Logistics Center, a new industrial park in McKinney, and will draw on the region’s deep talent pool in advanced manufacturing, engineering and technology. The project was made possible through close collaboration between the City of McKinney, the McKinney Economic Development Corporation and the State of Texas.
“This is a significant economic development win for McKinney and a reflection of the choices we have made for years to invest in our people, our schools and our quality of life,” said Bill Cox, Mayor of McKinney. “LITEON’s decision to select McKinney for its new North American manufacturing campus speaks to the strength of our community and the opportunities we continue to create. We are proud to welcome LITEON to McKinney and look forward to the lasting impact this investment will have on our city.”
McKinney has attracted a wave of major corporate investment in recent years, including significant commitments from Globe Life, Encore Wire, and RTX, while continuing to build a growing base of advanced manufacturing and technology employers across its premier employment districts. City leaders say LITEON’s decision to build here is further proof that McKinney’s combination of talent, location and quality of life continues to attract the world’s leading companies.
“LITEON’s expansion in Texas represents a historic milestone for our company,” said Tom Soong, Chairman of LITEON. “McKinney is a community that shares our values of hard work, innovation, and opportunity, and we are honored to be part of its future. The strong support from the City of McKinney and the State of Texas made this investment possible, and we are deeply grateful for their partnership. Together, we are investing in McKinney, and we look forward to investing in the community here as we continue advancing next-generation technologies.”
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“LITEON is exactly the kind of company that every city in Texas should be competing for: a global technology leader investing in high-wage, advanced manufacturing jobs we want to bring back to the U.S.,” said Jacey Jetton, CEO of Jetton Solutions, the site-selection firm that advised LITEON on the deal. “McKinney recognized that early and did the work to secure this investment, and its residents will be reaping the benefits well into the future.”
The new positions are expected to span engineering, advanced manufacturing and corporate operations, with competitive compensation and benefits. City leaders say the investment strengthens McKinney’s growing base of high-tech employers, expands opportunity for residents and adds meaningfully to the city’s long-term tax base.
“LITEON’s investment represents a significant step forward for McKinney’s economy and reinforces our growing role in the advanced manufacturing and technology sectors,” said Brian Loughmiller, Chairman of the McKinney Economic Development Corporation. “We appreciate President & CEO Michael Kowski’s leadership and the focused work of the MEDC team and our partners in bringing this transformational investment to our city. From the beginning, we understood the significance of this opportunity and worked with urgency to secure a company whose presence will create lasting value for our residents, our business community and McKinney’s economic future.”
LITEON expects to begin hiring for the McKinney campus as renovations are completed, with positions opening in phases over the next several years.
LITEON will join a community that continues to invest in both economic opportunities and an exceptional quality of life. Historic Downtown McKinney features more than 200 locally owned shops, galleries, and restaurants, while a new generation of signature destinations is taking shape across the city. These include a 20,000-seat, $300 million amphitheater planned to open in 2027 and a $200 million surf resort now under construction, featuring a four-acre surf lagoon, resort hotel, dining, entertainment, office space and other amenities across more than 35 acres. Together, these investments reflect McKinney’s commitment to creating a city where leading companies can grow and their employees can build rewarding lives.
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ABOUT LITEON
To learn more about LITEON Technology, visit www.liteon.com.
ABOUT THE MCKINNEY ECONOMIC DEVELOPMENT CORPORATION
To learn more about doing business in McKinney, visit uniquemckinney.com.
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Fueled by vision. Grounded in community. UniqueMcKinney.com
