LiteOn plans $16.29 billion cloud headquarters, manufacturing campus in Collin County

LiteOn’s plan would put more than 652,000 square feet of headquarters and advanced electronics manufacturing space on Cypress Hill Drive in McKinney, a move that could bring about 500 permanent jobs to Collin County and give the Taiwanese tech company a North American base in the heart of the Plano-McKinney growth corridor.

The project carries a projected $16.29 billion economic impact over 38 years, with at least $300 million in capital investment and more than $13 million in combined state and local tax incentives under consideration. The filings tied to McKinney Independent School District also show a possible school-tax abatement that could save LiteOn about $4.75 million over 10 years if approved, while the company considers a reinvestment zone for the site.

The workforce mix points to more than a single-purpose industrial park. The proposal describes the campus as a headquarters and an advanced manufacturing, research and development facility, which means the jobs are likely to span corporate functions, cloud infrastructure work, engineering and production. One state filing lists 75 new jobs in an initial phase, with construction projected to begin in 2026 and commercial operations staggered across 2026, 2029 and 2038 as the campus builds out.

For McKinney, the clearest change will come on the ground at 300 and 310 Cypress Hill Drive, where the company plans to acquire existing shell buildings in the Core5 Logistics Center. That corner of town is set to see more construction traffic first, then a steady flow of employees, vendors and service vehicles once the campus opens. Nearby commercial properties could also benefit as restaurants, support services and logistics-related businesses look to serve a larger daytime workforce.

The project also reinforces Plano’s role as LiteOn’s regional anchor. The company’s cloud infrastructure office is listed at 3001 Summit Avenue Suite 400 in Plano, and another business listing puts LiteOn at 3605 E Plano Pkwy #100. That existing footprint matters in a city already home to more than 500 corporate and regional headquarters, a concentration that has helped turn Plano into one of North Texas’ strongest corporate magnets.

If the deal moves ahead, the biggest long-term shift for Collin County will not be the headline number, but the physical one: a 652,000-square-foot campus tying together McKinney’s industrial land, Plano’s corporate base and the broader workforce that keeps growing along the county’s eastern edge.