For Immediate Release
April 3, 2008
Contact TREO:
Laura Shaw, Sr. Vice President, Corporate & Community Affairs
(520) 243-1940 office, (520) 609-5972 cell or laura.shaw@treoaz.org
Contact Texas Instruments:
Brett Schroer, Communications Manager
(520) 746-7984 office, (520) 891-4531 cell or schroer_brett@ti.com
Texas Instruments Reinforces Commitment to Tucson with Move to New Office Space
Tucson, AZ (April 3, 2008) – Texas Instruments Incorporated (TI) will move from its current Tucson facility at 6730 S. Tucson Blvd. into two of the former AOL buildings in the Williams Centre at 5401 and 5421 E. Williams Blvd. The company has signed long-term leases for a total of 100,000 square feet of space, which will become a “design center of excellence” and illustrates TI’s commitment to retaining and growing its Tucson-based development of innovative, market-leading analog products.
“TI Tucson is an important, long-term product design center for Texas Instruments and will continue developing some of the company’s most advanced analog products – a key growth area for TI,” said David M. Jones, Vice President, Precision Analog, Texas Instruments.
TI will move its local design and development activities to the new facility, including highly skilled analog engineers. In addition, the space at the Williams Centre is a more modern facility than the company’s current location and is better suited for product development efforts. TI will vacate and sell its current Tucson facility, which it has occupied since 2000.
“Keeping these stable, high-quality jobs in the region is a testament to TREO’s dedication to attracting and retaining companies such as Texas Instruments in southern Arizona,” said Governor Janet Napolitano. “These are among the types of jobs that are important to our state.”
“Texas Instruments’ continued commitment to Tucson is a big win for our community,” said Joe Snell, TREO’s President and CEO. “Retaining high-skill/high-wage jobs with the strong potential for job growth signifies the company’s importance to the Tucson region.”
TI has been in Tucson since it acquired Burr-Brown Research Corporation in September 2000. Burr-Brown was founded in 1956 by Page Burr and Tom Brown and moved to several locations in Tucson before breaking ground in the late 1960s at the current location near the Tucson International Airport.
About Texas Instruments
Texas Instruments (NYSE: TXN) helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 25 countries. For more information, visit www.ti.com.
About TREO (Tucson Regional Economic Opportunities, Inc.)
TREO’s mission is to provide insight, infrastructure, resources and development efforts to accelerate economic prosperity throughout the Southern Arizona region. TREO supports the creation of new business, the growth and expansion of existing businesses, and the attraction of companies that offer high-impact jobs and share the community’s values. For more information, visit www.treoaz.org.
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