Chipmaking company seeks tax breaks from Austin ISD to expand facilities

AUSTIN (KXAN) — One chipmaking company is looking to expand its footprint in Austin.
NXP Semiconductors, a Dutch company, presented a proposal to the Austin ISD Board of Trustees Tuesday night, seeking tax incentives to expand its existing Austin facilities.According to the company's presentation, NXP already has two manufacturing centers in the city that employ several thousand people.NXP's proposed project would invest $2.6 billion in Austin and create up to 800 additional jobs.
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