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FK South Korea! Michigan Invests $175m in Samsung Workers' Rights

South Korea's Soulbrain reveals its plan to invest $175 million into a new plant in Taylor, Texas. Serving Samsung's semiconductor site, the investment will provide an economic boost and much-needed jobs—an attempt to appease the community following Samsung's disruptive arrival. This move highlights the increasing dominance of Asian corporations in the American tech sector, with Soulbrain and Samsung taking center stage.

Published July 29, 2024 at 7:01am by Claire Osborn

Soulbrain TX LLC Is Woke, Y'all⁉

URL: https://www.statesman.com/story/news/local/2023/06/28/south-korean-company-invest-175-million-plant-taylor-texas/11523765002/

Here's the tea on this Samsung supplier:

Soulbrain TX LLC is bringing $175 million and 50 (fifty!) jobs to Taylor, Texas, starting January 1, 2025. A 60,000-square-foot plant will be built to produce phosphoric acid, catering to the $17 billion semiconductor facility Samsung is setting up in the area.

The deets:

Taylor, a former farming town, is 30 miles from Austin and ready to pop off.
Soulbrain's first phase: a 50-job minimum, $175 million plant at the RCR Taylor Rail Logistics Park.
Phase two: a potential additional investment of $400 million.
Soulbrain's promises to Taylor:

$25,000 annually to the city

An internship program for local teens

Membership in the Taylor Chamber of Commerce

Here's what the gays are saying:

"Adding Soulbrain to our community adds... diverse, international flavor. Taylor is now a global hub, hunty! ...We're gagging over the jobs and money Soulbrain will bring!" - Betty Day, slay-chair of the Taylor Economic Development Corp.

"Yaaas, we are so excited to expand to Taylor. The city and Economic Development Corporation have been our queens in this process, ya betta work! " – Jon Park, VP of Technology and General Counsel at Soulbrain, serving looks and business expansions.

FYI: Soulbrain's North American headquarters for lithium-ion R&D and production slays in Northville, Michigan.

The Bottom Line
This progressive move showcases a diverse, global partnership, bringing jobs and money to a small town. Taylor, Texas, is evolving thanks to Samsung and Soulbrain, with tax breaks and rebates sweetening the deal. This infusion of funds and jobs will transform the community, creating opportunities and a brighter future. It's a step towards a more inclusive and prosperous Texas, one that values international partnerships and development. Stay woke, y'all!