Sysgration is expected to begin production in 2025 at a 98,000-square-foot facility in Plano.
PLANO, Texas—Taiwan-based electronics manufacturer Sysgration, is planning to establish manufacturing operations in Plano, according to a release from Area Development.
The 98,000-square-foot facility, located at the Research/Technology Crossroads District, is expected to enhance supply chain capabilities and bring design and manufacturing services closer to the company’s customer base. Production is scheduled for 2025, the release said.
Sysgration manufactures products used in industrial IoT, energy storage, and tire pressure monitoring systems (TPMS), among other applications. The project is expected to create 150 jobs by 2029.
“The Plano facility will be operated under state-of-the-art automated processes to expand Sysgration’s services to worldwide customers with high quality products,” Sysgration Chairman Mark Lee said in the release.
The Plano City Council approved an economic incentives package for the company worth more than $2.4 million. Sysgration will receive $2 million in cash if it spends at least $16 million on real property improvements. In addition, it will receive up to $115,175 to cover any permit, inspection, or related construction costs, according to the release.
“We are excited to welcome Sysgration to Plano and look forward to the positive impact they will have on our community and the opportunities it will create for collaboration,” Plano Mayor John Muns said in the release. “We are confident that their presence will contribute to enhancing the economic and cultural fabric of the City of Plano.”
Sysgration designs and manufactures(Bluetooth low energy tire-pressure monitoring systems (BLE TPMS), industrial panel computers (IPCs), industrial grade AR/VR glasses, and lithium-ion green energy battery packs. The company currently operates manufacturing facilities in Asia, serving the automotive, data center, satellite communication, semiconductor fabrication, and industry 4.0 automations industries.
A version of this article originally appeared in Area Development.
Source:
https://www.areadevelopment.com/newsitems/2-21-2024/sysgration-plano-texas.shtml