Industrial investment stories

Aug 6, 2026

Tesla and SpaceX announce $16.8B semiconductor plant in Grimes County, Texas

Tesla and SpaceX confirmed Thursday they will build 'Terafab,' a vertically integrated semiconductor fabrication facility in Grimes County, Texas, near College Station, with an initial investment of $16.8 billion. Governor Greg Abbott announced the project, which will be located at the site of the former Gibbons Creek Power Plant.

Aug 6, 202611 sources

Jul 31, 2026

Linde to invest $1 billion in Arizona semiconductor supply facility

Industrial gases company Linde announced a $1 billion investment in Arizona after securing a long-term contract to supply ultra-high-purity industrial gases to a major semiconductor manufacturer. The deal represents a significant expansion of semiconductor supply chain infrastructure in the state.

Jul 31, 20261 source