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Saturday, July 13, 2024 at 5:44 AM

Samsung suppliers set up shop

Dallas development firm KDC has snagged 150 acres of prime real estate next door to Samsung Electronics Co. Ltd.’s semiconductor foundry in Taylor, creating the closest business park for companies wanting proximity to the manufacturing giant.

The site, dubbed Taylor HQ, will have built-to-suit corporate campuses, manufacturing, warehouse and logistics operations, data centers and other possible uses for numerous companies.

“Taylor HQ offers a one-ofa- kind opportunity for companies working with Samsung or that are interested in having a high-profile neighbor next door,” Bill Guthrey, KDC senior vice president of land development, said in a written statement. “Our build-to-suit experience allows us to pivot quickly and develop this acreage for a company seeking any number of uses on this prime spot.”

KDC, which specializes in commercial real-estate development and investment, has developed 154 corporate customized offices and industrial projects around the country over the last three decades. They are working with Transwestern to market the Taylor site.

Numerous suppliers of goods and services to Samsung Austin Semiconductor’s Taylor campus are flocking to east Williamson County and cities in neighboring counties to be close to the major client. Many of them are from South Korea and also do business with Samsung in other parts of the world.

Taylor HQ includes frontage with FM 973 and easy access to U.S 79, which in turn provides routes to Interstate 35 directly or by way of toll road Texas 130. The tollway also provides a link to Interstate 10.

An arial photograph of the property provided by KDC shows part of the land is now being used by Samsung for temporary office trailers and worker parking for the years-long Samsung construction project.

Samsung’s initial investment in the Taylor campus is at least $17 billion, the largest single direct foreign investment in the state’s history. The company is expected to take that even further, spending more than $40 billion over the next two decades in Taylor and Austin, thanks in part to a recent $6.4 billion grant from the U.S. Commerce Department under the CHIPS and Science Act.

Taylor Mayor Dwayne Ariola welcomed the Taylor HQ site and said in a prepared statement that city officials “look forward to working with KDC and Transwestern as they help further job creation and economic development in Taylor and the Central Texas region.”

The area is booming with prospective enterprises related to Samsung.

Nearby industrial development RCR Taylor Rail Logistics Park added three tenants with the sale of parcels totaling 112 acres from last December to February.

The largest of those is Soulbrain Holdings Co. Ltd, a company based in South Korea that bought 59 acres Dec. 20 on a lot with extensive rail siding for loading and unloading rail cars. The chemical company is a longtime supplier to Samsung and recently merged with DNF Co., another Samsung-linked firm. The company brought another 26 acres on the other side of the tracks at the same time.

Kwang Yul Choi purchased 15 acres in the rail park. Choi is the CEO of Santa Cruz, Calif.-based ENC Inc., an ocean and airfreight company with offices worldwide including Austin and several in South Korea.

The third purchase in the rail park, which also is next to the Hutto Megasite development, is a 12.2-acre parcel for HTNS America Inc. The company is the U.S. arm of the Hanaro TNS Co. Ltd., a 25-year-old worldwide logistics firm based in South Korea.

Various units of Samsung around the planet have been longtime clients and rail transportation is a big part of their distribution mix.


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