AeternZ Semiconductor Testing Facility Economic Development Agreement
Fort Worth
Summary
The council approved a ten-year abatement worth an estimated $50 million for a $1.3 billion semiconductor testing plant on West Everman Parkway, bringing 630 jobs at $80K average pay. Critics said it mirrors the unpopular Black Mountain data center incentives and will strain water and electricity; council members countered it's testing, not manufacturing, and the city is cash-positive from year one.
At a glance
- Total mentions
- 3
- Last 30 days
- 3
Discussed at 2 meetings in the last 60 days; most recently Oct 27, 2026.
Impact analysis
Estimated $50 million in forgone city tax revenue over ten years, offset by an estimated $26.8 million in net new tax revenue after incentives.
AeternZ/KYEC and future employees, plus District 8's I-35W South corridor economy.
Opponents argue residents bear higher utility costs and water resource strain from energy-intensive chip testing.
Mentions & discussions (3)
City Council Meeting - Oct 27, 2026
The council approved a ten-year abatement worth an estimated $50 million for a $1.3 billion semiconductor testing plant on West Everman Parkway, bringing 630 jobs at $80K average pay. Critics said it mirrors the unpopular Black Mountain data center incentives and will strain water and electricity; council members countered it's testing, not manufacturing, and the city is cash-positive from year one.
Fort Worth to weigh incentives for Nvidia supplier considering city for $1.3B chip plant
If AeternZ Semiconductor decides to bring their plant to Fort Worth, it will be located in the Fort Worth South Business Park. (Courtesy | City of Fort Worth) " data-large-file="https://i0.wp.com/fortworthreport.org/wp-content/uploads/2026/10/6-e179...
City Council (Work) - Oct 20, 2026
A proposed economic development agreement would bring the world's largest pure-play semiconductor testing company to Fort Worth with a $1.3 billion investment and 630 new jobs.
Related development
Aeternz_TA — Tax Abatement Reinvestment Zone No. 122
Brings the largest investment yet on the I-35W South corridor and 630 jobs averaging $80K, but opponents warn of water and power strain and question resident hiring requirements.
AeternZ Semiconductor Testing Facility
Brings over $1.3 billion in capital investment and 630 high-paying jobs to the South I-35 corridor, boosting local manufacturing and tech clusters.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Fort Worth
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.