Global Power and AI Infrastructure Leader Selects McKinney for New North American Manufacturing Hub
MCKINNEY, Texas — McKinney has secured one of the largest private economic development projects in its history as LITEON Technology Corp., a global leader in power management and AI infrastructure solutions, announced plans to invest $919 million in a new North American advanced manufacturing campus. The project is expected to create more than 600 high-quality jobs over the coming years.
The new campus will occupy more than 650,000 square feet within the Core5 Logistics Center, strengthening McKinney’s position as a premier destination for advanced manufacturing, engineering, and technology investment. The project was secured through a partnership involving the City of McKinney, the McKinney Economic Development Corporation (MEDC), and the State of Texas.
Investment Highlights
- Company: LITEON Technology Corp.
- Location: McKinney, Texas
- Capital Investment: $919 million
- Jobs Created: 600+
- Facility: More than 650,000 square feet
- Industry: Advanced Manufacturing | AI Infrastructure | Power Management
- Project Type: North American Manufacturing Campus
Major Win for McKinney’s Economic Growth Strategy
Mayor Bill Cox said LITEON’s decision validates years of strategic investments in workforce development, education, and quality of life.
“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 Cox. “LITEON’s decision speaks to the strength of our community and the opportunities we continue to create.”
The announcement follows a series of major corporate expansions in McKinney, including investments from Globe Life, Encore Wire, and RTX, further expanding the city’s growing advanced manufacturing and technology ecosystem.
LITEON Expands North American Manufacturing Footprint
LITEON Chairman Tom Soong called the Texas investment a landmark moment for the company.
“LITEON’s expansion in Texas represents a historic milestone for our company,” said Soong. “McKinney is a community that shares our values of hard work, innovation, and opportunity. Together, we are investing in McKinney as we continue advancing next-generation technologies.”
The company selected McKinney because of its skilled workforce, strategic location, and collaborative economic development environment.
Site Selection Highlights Competitive Advantage
According to Jacey Jetton, CEO of Jetton Solutions, McKinney distinguished itself during the highly competitive site selection process.
“LITEON is exactly the kind of company every city in Texas should be competing for,” Jetton said. “McKinney recognized that opportunity early and worked aggressively to secure this transformational investment.”
Advanced Manufacturing Jobs Coming to McKinney
Hiring will begin as renovations to the manufacturing campus are completed, with positions opening in phases over the next several years.
Expected career opportunities include:
- Engineering
- Advanced manufacturing
- Corporate operations
- Technical and production roles
- Administrative support
The new positions are expected to offer competitive wages and benefits while expanding career opportunities across North Texas.
MEDC Calls Investment Transformational
Brian Loughmiller, Chairman of the McKinney Economic Development Corporation, credited collaboration among city leadership, MEDC staff, and state partners for bringing the project to fruition.
“LITEON’s investment represents a significant step forward for McKinney’s economy and reinforces our growing role in the advanced manufacturing and technology sectors,” Loughmiller said. “This transformational investment will create lasting value for our residents, business community, and economic future.”
Quality of Life Supports Continued Business Attraction
In addition to its business climate, McKinney continues investing heavily in quality-of-life amenities designed to attract employers and talent.
Current projects include:
- A 20,000-seat, $300 million amphitheater scheduled to open in 2027
- A $200 million surf resort featuring a four-acre surf lagoon
- Historic Downtown McKinney with more than 200 locally owned shops, restaurants, and galleries
City leaders say these investments help position McKinney as one of Texas’ most attractive destinations for corporate expansion and workforce recruitment.
Why This Matters
LITEON’s announcement represents one of the largest economic development victories in McKinney’s history and further strengthens North Texas’ growing reputation as a global hub for advanced manufacturing, AI infrastructure, and next-generation technology production. The nearly $1 billion investment and 600-plus new jobs reinforce Texas’ continued momentum in attracting major international manufacturing projects.
About LITEON Technology
LITEON Technology Corp. is a global leader in power management, cloud computing, AI infrastructure, optoelectronics, and advanced manufacturing solutions, serving customers worldwide.
About the McKinney Economic Development Corporation
The McKinney Economic Development Corporation works to attract new investment, support business expansion, and create high-quality employment opportunities that strengthen McKinney’s long-term economic prosperity.
