LITEON Selects McKinney for $919M 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. The project 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.

Bill Cox, Mayor of McKinney, stated that this is a significant economic development win for the city and a reflection of the choices made to invest in people, schools, and quality of life. He noted that LITEON’s decision speaks to the strength of the community and the opportunities created.

McKinney has attracted major corporate investment in recent years, including commitments from Globe Life, Encore Wire, and RTX, while continuing to build a growing base of advanced manufacturing and technology employers.

Tom Soong, Chairman of LITEON, described the expansion as a historic milestone for the company. He said McKinney is a community that shares values of hard work, innovation, and opportunity. Soong expressed gratitude for the strong support from the City of McKinney and the State of Texas, stating they look forward to investing in the community as they continue advancing next-generation technologies.

Jacey Jetton, CEO of Jetton Solutions, the site-selection firm that advised LITEON on the deal, said McKinney recognized early that LITEON is exactly the kind of company every city in Texas should be competing for. She noted that McKinney did the work to secure this investment and residents will reap 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.

Brian Loughmiller, Chairman of the McKinney Economic Development Corporation, said the investment represents a significant step forward for McKinney’s economy and reinforces its growing role in the advanced manufacturing and technology sectors.