$210M investment in semiconductor industry announced

WACO / McGREGOR, Texas (FOX 44) – EFC Gases & Advanced Materials has unveiled plans for a cutting-edge manufacturing facility in McGregor.

According to the Greater Waco Chamber of Commerce, this comes following the recent acquisition of 195 acres of land from the City of McGregor. The Chamber says this development underscores its dedication to innovation, sustainability and growth within the semiconductor supply chain.

The McGregor City Council has approved a resolution to transfer the acreage to EFC Gases & Advanced Materials, with Mayor Jim Lilley authorizing the sale and execution of all necessary closing documents. McLennan County is also providing significant financial support to facilitate the development.

The new EFC facility is situated within the McGregor Industrial Park, which boasts significant industrial growth and houses prominent companies like SpaceX, Messer and Knauf Insulation. The Chamber says this facility will benefit from a supportive and dynamic environment.

The park’s evolution from military use to a center of innovation and industry reflects McGregor’s dedication to economic development and environmental stewardship. The EFC facility is expected to create at least 120 jobs, adding to the region’s economic vitality.

The Chamber says EFC’s decision to invest in Texas aligns with the state’s semiconductor industry and business climate. Since the enactment of the Chips and Science Act in 2020, over 83 new U.S. semiconductor ecosystem projects valued at $447 billion have been announced, with more than $88 billion earmarked for Texas, according to the Semiconductor Industry Association (SIA). This growth underscores the demand for the high-quality materials and gases which EFC is positioned to provide.

EFC is headquartered in Hopkinton, Massachusetts, and serves both the semiconductor and aerospace industries with plants in Hatfield and Cherryville, Pennsylvania. The new McGregor site represents a $210 million expansion in domestic production capabilities. It will feature chemical synthesis operations for electronic gases and deposition precursors, specialty gas transfill facilities, a central laboratory, a logistics hub and an administration building. The City of McGregor will support the project with infrastructure improvements, including extending water and wastewater lines and assisting in the construction of an industrial rail spur to enhance operational efficiency.

The Chamber says EFC is eager to strengthen its ties with the McGregor community and other stakeholders as the project advances.