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California-tied firm eyes billions of dollars in investment near Texas A&M

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California-tied firm eyes billions of dollars in investment near Texas A&M


An entity tied to San Francisco-based Substrate Inc. may invest billions of dollars and create 2,000 jobs in Texas with the development of an advanced semiconductor manufacturing facility.

An application with the Texas Comptroller’s office shows an organization called America’s Foundry Bryan, LLC is pursuing tax breaks through the recently launched Jobs, Energy, Technology and Innovation Act for a 3 million-square-foot project on 288 acres of land owned by the Texas A&M University System in Bryan.

The potential investment is described as “a first of its kind bleeding-edge pure-play foundry manufacturing project bringing cost competitive semiconductor manufacturing back to the United States,” the application shows.

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America’s Foundry Bryan already gained tax breaks from the Bryan City Council for the development, which has been titled “Project Factory One,” earlier this month.

The facility would be located on an undeveloped portion of the Texas A&M RELLIS Education and Research campus, located in Brazos County.

Substrate has entered into an agreement with Texas A&M, “indicating interest in a collaborative investment,” its application said.

The scope of the project would involve a total investment during the six-year construction period of more than $12.6 billion. The project’s proposed start date is slated for the fourth quarter of this year.

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The application lists a total of 2,000 permanent jobs would be created by 2035, with a staggering capital investment of $108 billion over 40 years between buildings, machinery and equipment.

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There would be more than 2,000 construction jobs associated with the initial project as well.

Starting average annual salaries will be in the six-figure range and escalate even as the job count grows.

The JETI Act is the state’s replacement for the contentious Chapter 313 tax abatement program.

With the JETI Act, companies can get up to 50% to 75% of property value abated for 10 years if a jobs-bolstering project is located within an opportunity zone. That’s compared to Chapter 313′s 100% abated on school district taxes.

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This project, which is located in an opportunity zone, is within the Bryan Independent School District.

Twelve states offered incentives for the facility, but three states, including Texas, are the strongest contenders.

While the startup said nondisclosure agreements prevent it from divulging potential offerings extended by Oregon and New York, those states stand out in the site-selection process due to their emphasis on semiconductor manufacturing.

The application cited New York’s package for semiconductor manufacturing company Micron Technology in particular. Texas lost out on Micron’s up-to-$100 billion investment to the northeastern state a few years ago, a sore spot for many in the economic development game in Texas.

However, Texas’ JETI program is attractive to America’s Foundry Bryan. The entity said the JETI program provides the company a larger benefit than New York’s incentive program, but without the JETI program benefits, the New York program is significantly more beneficial to the company’s property tax bill.

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The Substrate entity is also pursuing tax abatements with Brazos County, along with grants and monies tied to the Texas Semiconductor Innovation Fund, Texas Enterprise Fund, Texas Enterprise Zone Project Designation, Texas Skills Development Fund and United States CHIPS Incentive Program.

Should the project land in Bryan, the city would abate 80% of taxes for the first five years of the arrangement with the company, and 50% for the following five years.

The 10-year period that America’s Foundry Bryan is seeking JETI Act tax breaks for — the school years between 2030 and 2040 — involves real property with taxable value ranging anywhere from more than $10 billion to upward of $11.5 billion for a single year.

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Texas woman and dog killed in Arlington collision on Cooper Street

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Texas woman and dog killed in Arlington collision on Cooper Street


Arlington police are continuing to investigate a fatal crash that killed a 43-year-old woman on Friday afternoon, saying speed was a factor and that investigators are working to determine whether street racing was involved.

Surveillance video shows speeding before crash

What we know:

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Tanya Cypert was less than a mile from her Arlington home when the collision occurred at the intersection of Cooper Street and Eden Road, authorities said. Cypert had been on her way to get something to eat before her shift at Great Wolf Lodge in Grapevine.

Police said surveillance video from a nearby business shows two vehicles speeding northbound on Cooper Street moments before the crash. 

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The footage shows a black sedan moving in and out of frame, followed by a second black sedan, identified by police as a 2025 Mercedes, weaving between other vehicles.

Another camera angle shows Cypert’s white Hyundai Tucson slowing to make a left turn onto Eden Road as the first black sedan passes through the intersection. Seconds later, the Mercedes enters the intersection and collides with Cypert’s vehicle. 

The impact produced a cloud of smoke and caused an engine to detach and land on the road.

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The 18-year-old driver of the Mercedes was injured and remains hospitalized with broken bones, police said. Investigators have not yet interviewed him.

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Cypert was transported to a hospital, where she later died. Her French bulldog, which was in the vehicle with her, was also killed.

Victim’s family on the tragedy

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Cypert’s sons, Chancellor and Ethan, said they returned to the crash site Monday to honor their mother’s memory.

“It was a regular day for her, and now it’s going to be memorialized as the worst day of our lives,” said Chancellor Cypert.

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Chancellor said the family is seeking justice but not revenge.

“As much as we want justice and stuff, it’s not about seeking revenge. It’s about trying to honor her memory and how many people she loved,” he said. “She loved everybody.”

Ethan said the damage to the front of the vehicle was “crazy and mind-blowing,” adding, “There is no need for that amount of speed at all.”

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A family friend, Karen Arce, described Cypert as selfless and supportive.

“The sun just shines a little less bright every day,” Arce said.

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The family also said an off-duty Midlothian police officer witnessed the crash and was the first to exit his vehicle to try to help. They expressed gratitude for his efforts.

Charges pending in fatal Arlington collision

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No arrests have been made, and no charges have been filed. Police said they are continuing to interview multiple witnesses and review surveillance video as the investigation remains active.

The Source: Information in this article was provided by FOX 4’s Peyton Yager.

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Texas Officials Unveil Amended Hemp Rules With Strict ‘Total THC’ Limits But Lower Licensing Fee Than Previously Floated – Marijuana Moment

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Texas Officials Unveil Amended Hemp Rules With Strict ‘Total THC’ Limits But Lower Licensing Fee Than Previously Floated – Marijuana Moment


Texas officials have adopted a series of new rules for the state’s hemp market—with certain revisions that advocates and stakeholders call a “direct victory,” including changes to make participation in the industry more affordable, and other regulations that threaten to severely restrict product availability.

The Department of State Health Services (DSHS) unveiled the amended hemp rules on Friday, about two months after publishing proposed regulations with licensing fees and other changes that led organizations such as the Texas Cannabis Policy Center (TCPC) to sound the alarm.

In response, the department received more than 1,400 comments urging revisions.

“Revised rules have slashed manufacturer fees from $25,000 to $10,000 and retailer fees from $20,000 to $5,000. This is a direct victory for advocacy,” Heather Fazio, director of TCPC, said in an email to supporters on Monday. “However, significant challenges remain.”

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Specifically, the agency decided to maintain language requiring hemp products to be tested for “total THC” content, including THCA, which means most cannabis flower would be considered non-compliant with limitations imposed under state law.

“We estimate this will hand 50 percent of the legal market to illicit operators, making our state less safe,” Fazio said.

TCPC and other groups such as the Texas Hemp Business Council (THBC) have also pointed out that there would be additional requirements imposed on hemp businesses with respect to product testing, labeling and record-keeping.

Separately, under a proposed rule from the Texas Alcoholic Beverage Commission (TABC) there would also be a “less consequential, but important” update to the hemp program, Fazio said, with the agency seeking to prohibit the on-site consumption of hemp at businesses where alcohol isn’t allowed. There would be no “sampling” exceptions in place, either.

(Disclosure: Fazio supports Marijuana Moment’s work with a monthly Patreon pledge.)

TCPC did share a piece of positive news for advocates, noting “steady progress” in expanding the state’s medical cannabis program under a law enacted last year. While adult-use legalization has continued to stall in the conservative legislature, the medical marijuana program is significantly expanding, with nine new licenses already approved and three more expected before April 1.

Meanwhile, last week, Texas voters approved a marijuana legalization question that appeared on the state’s Democratic primary ballot.

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As part of the primary election on Tuesday, each major party was able to place several non-binding propositions on the ballot that allow voters show how they feel on key issues. The Texas Democratic Party used one of its propositions to find out where the electorate stands on legalizing cannabis and whether past convictions should be expunged.

For what it’s worth, a statewide poll released last month found that Texas voters don’t like how state leaders and lawmakers have handled marijuana and THC policy issues. In the survey, a plurality of voters (40 percent) said they disapprove of how their elected officials have approached the issue, according to the survey. Just 29 percent said they approve of how cannabis issues have been handled, while 31 percent said they didn’t have an opinion one way or another.

A separate poll released last year found that a plurality of Texas voters want the state’s marijuana laws to be made “less strict.” And among the legislative items lawmakers considered during recent special sessions, voters say a proposal to address hemp regulations was among the least important.


Marijuana Moment is tracking hundreds of cannabis, psychedelics and drug policy bills in state legislatures and Congress this year. Patreon supporters pledging at least $25/month get access to our interactive maps, charts and hearing calendar so they don’t miss any developments.

Learn more about our marijuana bill tracker and become a supporter on Patreon to get access.

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For its part, the state Department of Public Safety in October adopted additional rules to increase the number of licensed dispensaries, establishing security requirements for “satellite” locations and authorizing the revocation of licenses for certain violations.

DSHS also recently finalized rules allowing doctors to recommend new qualifying conditions for cannabis patients and creating standards for allowable low-THC inhalation devices.

Meanwhile, bipartisan Texas lawmakers say the stage is set to advance legislation next session establishing regulations for hemp THC products, with growing understanding among their colleagues that prohibition fails to effectively address concerns about the cannabis market.

Marijuana Moment is made possible with support from readers. If you rely on our cannabis advocacy journalism to stay informed, please consider a monthly Patreon pledge.

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Grand Prix Arlington set to bring top speeds to North Texas’ entertainment district

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Grand Prix Arlington set to bring top speeds to North Texas’ entertainment district



In just a few days, the Java House Grand Prix of Arlington will take place. Bill Miller, President and General Manager of the event, says this race has been in the works for two years.

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“We started, you know, conceptually, how do you design a racetrack on what are city streets and around the property,” said Miller.

Miller says they are on schedule, adding that it takes crews almost a month to set everything up.

“The track is 2.73 miles, 14 turns. You’re going to have top speeds on Randol Mill right behind us here, where the cars are going to be going 180mph,” said Miller.

Drivers will race through the Arlington Entertainment District, going past Globe Life Field and AT&T Stadium. 

“We’ve now come to Randol Mill, and we’re in the area of the track that we call the horseshoe. This is going to be one of the more technical spots of the track. Drivers will be just hugging around this turn and going probably 90 to 100, 100 plus miles an hour,” said Miller.

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Miller says they’ve carefully planned every little detail with the hopes of giving an expected crowd of about 80,000 people the best experience.

“You will feel the cars and that speed as they transition through this year’s area. It’s going to be pretty awesome,” said Miller.

 Tickets are still available. CBS News Texas will be live at the race events this Friday.



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