Subsidiary Lite-On Inc. Signs Turnkey Construction Contract for New McKinney, TX Facility
Original: 代子公司LITE-ON, INC.公告以自地委建 美國 McKinney廠簽訂新建工程統包合約
Summary
Lite-On Technology is disclosing, on behalf of its U.S. subsidiary Lite-On Inc., that the subsidiary has executed a turnkey (EPC) construction contract to build a new manufacturing facility in McKinney, Texas on company-owned land. This represents a material capital commitment to expanding U.S. production capacity. Full contract terms and financial details are available on MOPS.
Full Translation
On behalf of subsidiary LITE-ON, INC., Lite-On Technology (TWSE: 2301) announces that LITE-ON, INC. has signed a new turnkey construction contract (統包合約, i.e., an EPC/design-build contract) for the construction of a new plant in McKinney, USA, under an owner-supplied-land/contractor-built arrangement (自地委建 — the subsidiary provides the land; a general contractor delivers the completed facility). McKinney is a city in Collin County, Texas, in the Dallas–Fort Worth metropolitan area, a growing hub for advanced manufacturing. The 自地委建 structure indicates LITE-ON, INC. already holds title to the site and is commissioning a third-party contractor to design and build the facility on a lump-sum or fixed-price basis. [Body not available — subject line only. See MOPS for full announcement.]