Before Texas Instruments Inc. selected Sherman for a $30 billion expansion, the Dallas-based analog chip producer was packing its bags to leave.
In January 2020, Texas Instruments told Sherman city officials it would be closing a fabrication plant that turns 150-millimeter silicon wafers into semiconductors used in everything from autos to industrial machinery.
Kent Sharp was still new in his position as president of the Sherman Economic Development Corporation when that bombshell reached his desk. TI is one of the city’s largest private employers.