LITEON Technology selected McKinney, Texas, for a new North American advanced manufacturing campus in one of the largest private investments in the city’s history. The project represents a $919 million investment and is expected to create at least 600 new high-quality jobs over the next several years. LITEON is a global provider of power management and AI infrastructure solutions.
The 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.
LITEON plans to draw on the region’s talent base in advanced manufacturing, engineering, and technology. The new roles are expected to span engineering, advanced manufacturing, and corporate operations, with competitive compensation and benefits.
The project was supported through collaboration between the City of McKinney, the McKinney Economic Development Corporation, and the State of Texas. Jetton Solutions served as the site-selection firm advising LITEON on the deal.
McKinney officials said the investment strengthens the city’s growing presence in advanced manufacturing and technology. The city has attracted several major corporate investments in recent years, including commitments from Globe Life, Encore Wire, and RTX.
LITEON’s campus is expected to expand employment opportunities for residents and add meaningfully to McKinney’s long-term tax base. The company expects to begin hiring as renovations are completed, with positions opening in phases over the next several years.
The project also reinforces McKinney’s broader economic development strategy, which centers on attracting high-tech employers while continuing to invest in quality-of-life assets.
McKinney’s development pipeline includes a 20,000-seat, $300 million amphitheater planned to open in 2027 and a $200 million surf resort now under construction. The surf resort is expected to include a four-acre surf lagoon, resort hotel, dining, entertainment, office space, and other amenities across more than 35 acres.
City leaders said these investments reflect McKinney’s goal of creating a community where major employers can grow and workers can build long-term careers and lives.
KEY QUOTES:
“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. 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.”
Bill Cox, Mayor of McKinney
“LITEON’s expansion in Texas represents a historic milestone for our company. 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.”
Tom Soong, Chairman of LITEON
“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. McKinney recognized that early and did the work to secure this investment, and its residents will be reaping the benefits well into the future.”
Jacey Jetton, CEO of Jetton Solutions
“LITEON’s investment represents a significant step forward for McKinney’s economy and reinforces our growing role in the advanced manufacturing and technology sectors. 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.”
Brian Loughmiller, Chairman of the McKinney Economic Development Corporation
