![\"The](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/10\/1793407450_561_IMG_Fort_Worth_City_Hall_2_1_4AQB1TPC_L886718259.JPG\" "\\"The")
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The new Fort Worth City Hall on Thursday, Nov. 14, 2024.<\/p>\n
Amanda McCoy<\/p>\n
amccoy@star-telegram.com<\/p>\n
Fort Worth has landed a $1.3 billion project expected to bring more than 600 jobs to town for a semiconductor chip testing plant.<\/p>\n
Chipmaker Nvidia supplier Aeternz Semiconductor Testing Corp., a Texas-based subsidiary of King Yuan Electronics Co., will build the company\u2019s first manufacturing plant in the United States in south Fort Worth.<\/p>\n
The plant will be at 273 W. Everman Parkway in south Fort Worth. The project would be the largest investment in that Interstate 35W corridor, according to a presentation given to council members.<\/p>\n
Robert Allen, president and CEO of the Fort Worth Economic Development Partnership, announced the deal during the group\u2019s annual meeting on Oct. 29.<\/p>\n
Fort Worth offered Aeternz a 10-year tax abatement<\/a> on 65% of city taxes on real and business personal property, in exchange for investing at least $1.3 billion in building the plant and creating at least 630 full-time jobs by the end of 2031, with a minimum average annual salary of $80,000, and attempt to hire Fort Worth residents for at least 30% of those jobs. The company agreed to those terms, a spokesperson for the city confirmed on Oct. 30.<\/p>\n Fort Worth City Council members approved offering the company the tax deal on Oct. 27.<\/p>\n