Key Takeaways

• LTD Material LLC received $1 million from Texas Semiconductor Innovation Fund for its $25 million expansion in Austin.
• The new facility aims to produce high-purity quartz parts essential for semiconductor manufacturing and create 40 jobs.
• This investment supports Texas’ semiconductor ecosystem and reduces reliance on foreign suppliers.

Expansion Announcement

LTD Material LLC, a manufacturer of quartz and ceramic components, has been awarded $1 million from the Texas Semiconductor Innovation Fund (TSIF) to aid its $25 million expansion in Austin, announced Governor Greg Abbott on Jan. 29. The company has two existing locations in the city and broke ground in 2023 on an 88,000-square-foot manufacturing and research facility adjacent to its current plant. This new site will bolster the production capacity of high-purity quartz components that are critical to semiconductor manufacturing and wafer fabrication.

Governor Abbott highlighted Texas’s pivotal role in semiconductor manufacturing, emphasizing that the state’s investments are vital for a robust supply chain supporting the semiconductor ecosystem. The TSIF funding is part of broader initiatives established under the 2023 Texas CHIPS Act, designed to promote semiconductor research and manufacturing across the state.

LTD Material’s new facility is projected to create 40 new jobs, alongside specialized training programs for machinists and glass blowers. State Senator Sarah Eckhardt of Austin expressed her enthusiasm about the local job creation and referred to Austin as the “beating heart of our state’s semiconductor industry.”

CEO Kevin Nguyen remarked that the TSIF grant will enable LTD Material to address the growing demand from U.S. semiconductor foundries while minimizing dependence on foreign quartz sources, aligning with national security strategies. He reaffirmed the company’s commitment to Texas, attributing its choice of headquarters to the state’s leadership in innovation, workforce development, and economic competitiveness.

Additional Funding Initiatives

The expansion of LTD Material in Austin represents the latest investment from the TSIF in Central Texas, where significant funds have been allocated under the state CHIPS Act since its inception in 2023. Recently, almost $19 million in TSIF grants were disbursed to various local companies and training centers, including a Round Rock component manufacturer and a Williamson County technician training center. Additional recipients include educational institutions like Austin Community College and The University of Texas at Austin, as well as major companies like Samsung and Yerico Manufacturing.

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