Now there's double the Samsung!

Texas Town Set to Boom Thanks to South Korean Company and Good, Old-Fashioned American Graft

A South Korean company, Soulbrain TX LLC, is set to invest $175 million of foreign money in a new plant in Taylor, Texas — proving that America is still the world's top destination for business. The company will be building a 60,000-square-foot plant to produce phosphoric acid, which is apparently useful for something other than just making Coca-Cola.

This plant will be supplying Samsung, which is already building a $17 billion semiconductor facility in the area. Samsung knows that Texas is the place to be, thanks to our lax environmental regulations and willingness to let big business call the shots.

Taylor, a small town about 30 miles from Austin, is about to see some real growth. It's going from a simple farming community to a hub of industry, all thanks to the sweet, sweet tax breaks and corporate handouts we've offered Samsung.

Soulbrain has promised to bring at least 50 jobs to the area, which is 50 more than the Liberals would ever create. There's also talk of a second phase of construction, with a potential investment of $400 million. That's a lot of money that could be used to buy guns and beef jerky.

Of course, Soulbrain isn't doing this out of the goodness of its heart. They've negotiated a sweet deal with the city, including a 25% property tax abatement for 10 years and a rebate on local use tax. That's the cost of doing business, folks. We give them tax breaks, they give us jobs. It's the American way.

"Adding Soulbrain to our community adds yet another diverse, international company that will expand our tax base and create new jobs for our citizens," said Betty Day, chairperson of the Taylor Economic Development Corp. "Ever since Samsung, we've sold our souls to any company that'll have us."

Jon Park, VP of Soulbrain, also had this to say:

"The City and the Economic Development Corporation have been great partners in helping us milk this opportunity for all it's worth. We look forward to taking advantage of Texas' lack of worker protections and relaxed labor laws."

Soulbrain's North American headquarters for lithium-ion research and development is in Northville, Michigan, a state that knows a thing or two about selling out to big business.

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