Texas Grants $1 Million to Austin Semiconductor Firm LTD Material

New facility expected to create 40 jobs and involve $25 million in capital investment.

Jan. 30, 2026 at 12:23pm

Got story updates? Submit your updates here. ›

Texas Governor Greg Abbott has announced a $1 million grant from the Texas Semiconductor Innovation Fund to LTD Material LLC, an Austin-based company that manufactures precision-engineered quartz parts for the semiconductor industry. The grant will support the construction of a new 88,000-square-foot manufacturing and research facility in Austin, which is expected to generate 40 jobs and involve more than $25 million in capital investment.

Why it matters

This investment is part of Texas' broader efforts to expand domestic semiconductor manufacturing and reduce reliance on foreign supply chains. The state is positioning itself as a leading hub for the semiconductor industry through initiatives like the Texas CHIPS Act, which established the Texas Semiconductor Innovation Fund and the Texas Semiconductor Innovation Consortium.

The details

LTD Material is known for its high-purity quartz parts, which are essential in the semiconductor wafer manufacturing process. The new facility will allow the company to increase production and offer specialized training for CNC machinists and glass blowers, providing career opportunities in technical roles that do not require a college degree.

  • Governor Abbott announced the $1 million grant on January 30, 2026.
  • LTD Material plans to begin construction on the new 88,000-square-foot facility in the coming months.

The players

Greg Abbott

The Governor of Texas, who announced the $1 million grant to LTD Material.

LTD Material LLC

An Austin-based company that manufactures precision-engineered quartz parts for the semiconductor industry.

Kevin Nguyen

The CEO of LTD Material, who expressed the company's commitment to meeting the increasing demand from U.S. semiconductor foundries and enhancing national security through reduced dependence on overseas suppliers.

Sarah Eckhardt

The Texas state senator representing Austin, who voiced her enthusiasm for the local job creation from this project.

Got photos? Submit your photos here. ›

What they’re saying

“Texas leads America's resurgence in semiconductor manufacturing.”

— Greg Abbott, Governor of Texas (Office of the Texas Governor)

“I'm excited for the many good jobs this project will create locally and sustain for years to come.”

— Sarah Eckhardt, Texas State Senator (Office of the Texas Governor)

What’s next

LTD Material plans to begin construction on the new 88,000-square-foot facility in the coming months, with the goal of generating 40 new jobs and over $25 million in capital investment.

The takeaway

This investment in LTD Material's new facility in Austin is a strategic move by Texas to strengthen its position as a leading hub for the semiconductor industry. By supporting domestic semiconductor manufacturing and reducing reliance on foreign supply chains, the state is positioning itself for continued technological advancement and economic growth.