Finisar proposes $3 billion semiconductor wafer fabrication facility in Sherman, Texas

Finisar, owned by II-VI, proposed a $3 billion expansion on its current 76-acre site in Sherman, Texas, for a new semiconductor wafer fabrication facility, expected to create a minimum of 700 jobs (potentially up to 4,000). Construction is expected to start in 2025 and operation in 2028. Sherman ISD approved an $80 million cap on tax valuation for 10 years.

“This is an exciting development for Sherman”kxii.com

• 1 source
• kxii.comFinisar proposes $3 billion Sherman expansion for new facilityLauren RangelDec 7, 2022

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