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UT Dallas
Economic Development Update
November 22, 2023
![A pumkin pie, ready to be served. Photo Credit: Prchi Palwe on Unsplash [https://unsplash.com/photos/a-pie-sitting-on-top-of-a-white-table-next-to-leaves-V91vISyxD18]](https://economicengine.utdallas.edu/news/2023/img/newsletter_20231122_a.jpg "A pumkin pie, ready to be served. Photo Credit: Prchi Palwe on Unsplash [https://unsplash.com/photos/a-pie-sitting-on-top-of-a-white-table-next-to-leaves-V91vISyxD18]")
From the F&ED team, we wish all of our staff, readers, and community partners a Happy Thanksgiving!
The Texas Instruments Biomedical Engineering and Sciences Building, jointly operated by UT Dallas and UT Southwestern Medical Center, held its dedication late last month. This facility was created to support the growing medical and bioengineering sectors in the region by capitalizing on the unique strengths of both institutions. The building will feature both wet and dry laboratory space, the Bio-design center, a metal fabrication shop, and 3D printing rooms.
Learn more about the dedication and future of this project at the UT Dallas News Center.
![Downtown Fort Worth Texas. Photo Credit: Fallon Michael on Unsplash [https://unsplash.com/photos/a-view-of-a-city-with-tall-buildings-kPyjSTZ3BWI]](https://economicengine.utdallas.edu/news/2023/img/newsletter_20231122_c.jpg "Downtown Fort Worth Texas. Photo Credit: Fallon Michael on Unsplash [https://unsplash.com/photos/a-view-of-a-city-with-tall-buildings-kPyjSTZ3BWI]")
Siemens is building a new $125 million advanced manufacturing facility to support the increasing demand for low-voltage switchgear and switchboards at Carter Park East industrial park in Fort Worth. The expansion is expected to create over 700 new jobs for the region, at an annual average salary exceeding $63,000. This project alone constitutes nearly 30% of the company’s investment in critical infrastructure manufacturing in the U.S. for 2023.
We are happy to fulfill customized data requests for our North Texas economic development partners and to connect your organization with resources and contacts at UT Dallas that could lead to mutual economic development partnerships.
Please reach out to F&ED to learn how your organization can partner with UT Dallas.
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