McKinney Welcomes $919 Million LITEON Investment, More Than 600 New Jobs

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.”

“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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Frequently Asked Questions

Updated July 13, 2026

On July 13, 2026, LITEON Technology Corp. (TWSE: 2301), a global leader in power management and AI infrastructure solutions, announced that McKinney would be the location of its new North American advanced manufacturing campus. The company’s $919 million investment is expected to create at least 600 new, high-wage jobs over the next several years

Who is LITEON?

LITEON is a global technology and electronics manufacturing company founded in Taiwan in 1975. It was Taiwan’s first publicly listed electronics company and has grown into a multinational enterprise with operations and customers worldwide. The company develops and manufactures electronic components, power management systems, and other technologies used in cloud computing, artificial intelligence, telecommunications, automotive electronics, consumer electronics, and advanced infrastructure. LITEON’s products include power supplies, power-conversion equipment, battery backup systems, optoelectronic components and other technologies that support computers, servers, communications networks, vehicles and critical infrastructure. The proposed McKinney project would expand LITEON’s North American presence – they currently operate an 80,000-square-foot manufacturing facility in Plano – and will include advanced manufacturing, product testing, research and development, administrative offices, and related operations.

What is LITEON proposing in McKinney?

LITEON is proposing to establish the McKinney location as its North American manufacturing and R&D hub, where advanced electronics manufacturing operations, research and development, and related administrative functions will be conducted in two existing industrial. The proposed project would occupy approximately 650,000 square feet, include an estimated capital investment of $919 million, and create at least 600 full-time jobs after the operation reaches its anticipated employment level.

Is this a data center?

No. The proposed facility will feature advanced electronics manufacturing, assembly, research and development, testing, and office operations. The McKinney facility would employ people to manufacture, assemble, integrate, test, package, and distribute physical electronic products. It is not proposed as a facility, such as a data center, where large numbers of computer servers would continuously store and process customer data.

Is LITEON constructing a new industrial complex on undeveloped land?

No. LITEON is proposing to purchase and occupy two recently constructed industrial buildings within an existing industrial park. The buildings were developed for modern manufacturing, assembly, logistics, research, and other employment-intensive industrial uses. Rather than constructing a new campus on undeveloped land, LITEON would complete interior improvements and install the equipment necessary for its operations within the existing buildings. Utility requirements, including electricity, water, sewer, and stormwater controls, are in place within the industrial park. LITEON has met with Oncor Power to review long-term electrical needs. Additionally, the industrial park was designed with internal truck courts, loading docks, and access routes intended to accommodate this type of commercial activity.

Would manufacturing or storage occur outdoors?

No outdoor manufacturing or outdoor storage is proposed.

Would environmental regulations apply?

Yes. No project is exempt from applicable environmental standards. The project must comply with applicable local, state, and federal laws and regulations. The project is an electronics manufacturing and assembly operation. It is not a refinery, chemical plant, or heavy industrial processing facility.

Would the City continue to inspect the facility after it opens?

Yes. The facility would remain subject to applicable fire, building, code-compliance, environmental, and safety requirements after opening. Different local, state, and federal agencies would have authority over different aspects of the operation.

Has the project received final approval?

LITEON has selected McKinney for its new U.S. manufacturing campus, and the State of Texas, the McKinney Economic Development Corporation and the City of McKinney are offering incentives to support the company’s investment and help bring the project to fruition. While this is a significant and exciting step, LITEON must still complete all applicable development, permitting, safety and regulatory processes before full operations can begin. This includes, but is not limited to, building and tenant improvement permits, building inspections and the issuance of a certificate of occupancy. The incentives offered in support of the project do not waive these requirements.

What incentives will LITEON receive?

The State of Texas has extended to LITEON a Texas Enterprise Fund (TEF) grant of $3.5 million and a $100,000 Veteran Created Job Bonus. TEF is a performance-based grant administered by the Texas Economic Development & Tourism Office within the Office of the Governor, which may be awarded to a business relocation or expansion project in which one Texas site is in competition with out-of-state locations. The McKinney Economic Development Corporation (MEDC) and the City of McKinney have committed to a performance-based economic development incentive tied to total capital investment, job creation, and the presence of on-site R&D activities. The City Council and MEDC will take action on the final incentive package in July.

Why is McKinney supporting this project?

The proposed project would bring a major global technology manufacturer to McKinney, expand the city’s advanced manufacturing and research base, create employment opportunities, generate private investment, and place newly constructed industrial buildings into productive use. It would also strengthen McKinney’s position within the growing technology, electronics, artificial intelligence, and advanced infrastructure economy.

Will there be opportunities for the public to follow the project?

Yes. Project updates, frequently asked questions, meeting information, and public documents may also be posted on Engage McKinney and other official City and MEDC communication channels.