Business View Civil and Municipal | Volume 3, Issue 3

177 CIVIL AND MUNICIPAL VOLUME 3, ISSUE 3 TAYLOR , TEXAS manufacturing facility will create up to 2000 employment positions and is estimated to create somewhere between 6000 and 10000 construction jobs while the facility is being built. Taylor is also projected to take in $52 million in tax revenue from the facility over the 30-year term of the agreement. In addition to the financial benefits, Samsung signed an agreement with the Taylor Independent School District to commit to offering paid internships to students each year. Yantis explains, “They will have a pipeline of students coming out of the Taylor schools that will have an opportunity to experience interning with Samsung as part of their high school experience.” The Samsung facility – and its internship opportunities – will allow more square-foot facility. It should be fully operational by 2025. “Jurisdictions across the country and in other countries competed for the ability to have that facility locate in their community, and Taylor became a finalist in that competition among sites in Texas, Arizona, New York, and South Korea,” Yantis reports. “Ultimately, Samsung chose Taylor as the site to move forward. It was a very intense process with 10 months of negotiations, and the city, the county, the state, and the school district had to pull out all the stops. It was really impressive to see how all those entities came together to make that project work.” The process was worth the effort as the