Sherman residents will see a major boost to the local high‑tech economy after the U.S. Department of Commerce announced a federal award of nearly $24 million for the Texoma Semiconductor Tech Hub, according to KXII. The funding, part of the Disaster Supplement Industry Transformation Fund, is intended to strengthen the region’s semiconductor workforce, equipment and supply chain for companies such as Texas Instruments, GlobalWafers and Coherent.
JC Chiao, a professor at Southern Methodist University and spokesperson for the hub, explained the allocation of the money: $13 million will support infrastructure upgrades, $4.9 million will be directed toward commercialization efforts, and $6.1 million will fund workforce‑development programs. “We’re very happy that our effort received our recognition. We are also very humbled that now we got a pretty big mission to carry out,” Chiao said.
The hub’s partnership network includes Austin College, Grayson College and Southeastern Oklahoma State University. Austin College noted that the grant will help open doors for students and prepare the next generation of semiconductor professionals, enhancing the college’s engagement with Sherman‑based semiconductor firms and expanding its engineering program.
The award arrives amid speculation reported by the Dallas Business Journal that Taiwan Semiconductor Manufacturing Co. may be evaluating Sherman as a site for its next U.S. plant. While no decision has been announced, the infusion of federal funds underscores the region’s growing appeal to the global semiconductor industry.
In addition to the semiconductor news, KXII highlighted a series of Veterans Day events across the Texoma area that will take place from November 10‑14. While Sherman itself is not listed as a host, nearby communities such as Denison, Texas, will hold a parade on Main Street at 2 p.m. on November 14, and other towns will host ceremonies, cookouts and free meals for veterans. Residents are encouraged to attend the events in neighboring cities to honor local service members.
What’s next: The hub will begin deploying the awarded funds for infrastructure projects, commercialization initiatives and training programs over the coming months, with Austin College and Grayson College expected to roll out new semiconductor‑focused curricula and apprenticeships. Community members can watch for announcements on upcoming workshops and job‑training opportunities that aim to equip Sherman’s workforce for the expanding high‑tech sector.
