Adom Industries, a microelectronics startup, is considering building its headquarters at 4400 Alliance Gateway Freeway along with a “cloud factory” that would allow users to remotely build digital prototypes of potential hardware projects.
This would speed up the time it takes to test and tinker with new physical hardware projects before taking them to market, according to the company’s website.
The headquarters will be built in four phases, and Adom is expected to invest at least $229.25 million on the project in order to receive the full city incentive.
The company also has to create at least 267 jobs with an average salary of $91,000, and invest $243.75 million in research and development.
The city is offering $15 million in performance-based grants to the project provided Adom meets the city’s requirements.
It would represent the city’s most significant semiconductor-related project to-date, according to an Aug. 5 City Council presentation.
The company could also serve as a magnet for high skilled and high wage labor and lead to spinoff companies, the city’s presentation said.
“Adom Industries is set to revolutionize the electronics prototyping industry, and we’re excited to add a little ‘nerd’ to the cowboy image of Fort Worth,” said Adom’s CEO John Lauer said in a city press release, adding the project will help create what he called a “Silicon Valley of microelectronics” in Fort Worth.
The first phase of the project is expected to wrap up by December 2027 with the other three phases reaching completion by the end of 2033.
Fort Worth City Councilmember Alan Blaylock, whose district includes the proposed headquarters site in the Alliance corridor, thanked the company for considering Fort Worth, and for waiting till the end of the roughly two-hour council meeting for the vote on the incentive.
“This is a high note to finish on,” Blaylock said.
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