Fort Worth Approves Incentives for $1.3B Semiconductor Testing Facility
A proposed semiconductor testing operation has cleared an incentive milestone as Fort Worth competes for the investment.
Fort Worth has approved a tax-abatement package intended to bring a major semiconductor testing operation to its southern industrial corridor.
City Council voted October 27 to support AeternZ Semiconductor Testing Corporation’s proposed investment of at least $1.3 billion at 273 W. Everman Parkway. The company is a subsidiary of Taiwan-based King Yuan Electronics.
The proposed operation would use advanced testing equipment and controlled clean-room space to evaluate semiconductor performance. Its role would be testing chips rather than manufacturing wafers.
The agreement provides up to a 65% abatement of qualifying incremental city property taxes over 10 years. In return, the proposal calls for approximately 630 full-time jobs with average annual pay of about $80,000.
The council decision gives Fort Worth an incentive framework as it seeks to secure the facility. A confirmed construction timetable and contractor appointments have not been announced.
Overview:
- Company: AeternZ Semiconductor Testing Corporation
- Parent: King Yuan Electronics
- Location: 273 W. Everman Parkway, Fort Worth, Texas
- Sector: Semiconductor testing
- Proposed Investment: At least $1.3 billion
- Projected Jobs: Approximately 630
- Average Annual Pay: Approximately $80,000
- Incentive: Up to 65% qualifying city property-tax abatement
- Term: 10 years
- Status: Incentives approved; facility proposed
- Council Approval: October 27, 2026