Jul 23, 2014
HOUSTON (July 23, 2014) – Texas Instruments (TI) (NASDAQ: TXN) today opened its newest facility in Sugar Land, Texas with a ribbon-cutting ceremony to welcome the site’s 375 employees and introduce the new campus to city officials and the Sugar Land business community.
“We’re proud to call Sugar Land our new home. The collaboration between TI, city dignitaries and all those involved in the planning and development of our new facility has truly made us feel like a part of the community,” said Curt Moore, TI Sugar Land site manager. “Throughout the last five decades, TI Houston sites have been home to some of TI’s most significant technological breakthroughs, and we look forward to the opportunities Sugar Land will bring.”
Located at the northeast corner of U.S. 59 and University Blvd., the 160,000 square-foot, three-story office will house employees who work in a variety of areas in our Embedded Processing business. The new campus is comprised of many amenities including: an Innovation Center showcasing demos of the latest in TI technology; numerous collaboration spaces; an employee courtyard; outdoor basketball and volleyball courts; and a fitness center and walking path around the building. The new site in Sugar Land will be a critical part of TI’s future success.
“We’re excited to welcome our newest corporate neighbor to Sugar Land,” said Mayor James Thompson. “TI’s commitment to create more than $35 million in new capital investment represents a significant contribution to our economy. TI’s corporate philosophy and national recognitions such as Fortune’s ‘Most Admired Company’ closely aligns with the city’s standards for excellence and lays the foundation for a long-term partnership between the company and city.”
Throughout the past 10 years, TI and its employees have invested more than $8 million in the community, including supporting education in the Houston area and our partners at United Way. The company also has a long history of working with local universities to advance electrical engineering and research programs. This year alone, TI is contributing approximately $225,000 to Rice University for research in infrastructure structural sensing and signal processing. The company will continue to give back to the Houston area and Sugar Land community through volunteerism, corporate giving and educational initiatives.
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About Texas Instruments
Texas Instruments Incorporated (TI) is a global semiconductor design and manufacturing company that develops analog ICs and embedded processors. By employing the world's brightest minds, TI creates innovations that shape the future of technology. TI is helping more than 100,000 customers transform the future, today. Learn more at www.ti.com.
About The City of Sugar Land
The City of Sugar Land is an award-winning community 20 miles southwest of Houston. This master-planned community has achieved its sustainable, strong local economy through a strategically focused and aggressive economic development program creating new wealth and jobs. As a regional employment center, the City is home to numerous high-profile regional and international corporations housed in over 22 million square feet of commercial space, including Minute Maid, Schlumberger, Fluor Corporation, Noble Drilling Services, Inc., Bechtel EO and Aetna.
Sugar Land has also uniquely positioned itself as a hub for premium shopping, dining and entertainment. Venues such as the Houston Museum of Natural Science at Sugar Land, Constellation Field, as well as the future concert/performing arts center and Sugar Land Heritage Museum will further establish the community as a cultural and historical destination.