State backs Elgin semiconductor expansion

Yerico grant to grow high-tech jobs

A major manufacturing expansion in Elgin is helping Texas strengthen its growing role in the global semiconductor industry, according to the Office of the Governor.

Gov. Greg Abbott recently announced a $1.3 million Texas Semiconductor Innovation Fund grant to Yerico Manufacturing Inc. to support the company’s $13 million expansion project. Officials said the investment is expected to create dozens of jobs and modernize Yerico’s semiconductor equipment facility.