Korean Developer Breaks Ground on First K-Industrial Park in Taylor, Expanding Central Texas’ Role in Semiconductor and EV Supply Chains

[photo by TexasN]

Central Texas’ fast-growing reputation as a global manufacturing hub received another boost this week as iMarketKorea (IMK) broke ground on Gradient Technology Park (GTP), the first Korean-style industrial complex to be built in the United States. The project is expected to significantly expand the region’s semiconductor and electric-vehicle supply chain capacity.

The complex is rising on a large tract in Taylor, about 35 miles northeast of downtown Austin and a 10-minute drive from Samsung’s new semiconductor megafactory, which remains one of the largest foreign direct investment projects in Texas history. Samsung’s facility is projected to begin operations in 2025.

 A dedicated hub for Korean manufacturers entering the U.S. market

At the Nov. 17 groundbreaking ceremony, IMK executives said the Taylor development will operate as a turnkey platform for Korean companies seeking to scale operations in North America.

“Many Korean manufacturers have set up operations across Central Texas, but they’ve done so independently,” the company said. “Gradient Technology Park is designed as a unified, Korean-style industrial ecosystem that provides permitting support, utilities, logistics, legal and accounting services — all on a single campus.”

The project spans 860,000 square meters (approximately 26 million square feet ) and will be built out in phases through 2031. IMK plans to complete two buildings by next year as part of the first development stage.

 Positioned between two global anchors: Samsung and Tesla

GTP’s location is expected to attract suppliers aligned with both the semiconductor and electric-vehicle sectors.

• Samsung Taylor: draws SPEMS (semiconductor parts, equipment and materials) suppliers

• Tesla Giga Texas: increases demand for battery-related and EV component manufacturers

The combined pull of both megaprojects has turned the Austin–Taylor corridor into one of the most competitive manufacturing regions in the country.

 Local officials expect expanded Korean investment

Williamson County Judge Steven Snell, who joined the groundbreaking, highlighted the county’s strengthening economic relationship with South Korea.

“Williamson County has built a solid partnership with Korean industry,” Snell said. “Texas’ pro-business policies make this an ideal landing spot for advanced manufacturers, and we expect cooperation between Korea and Texas to accelerate.”

Texas’ no-corporate-income-tax structure and its franchise tax rate — generally 1% or less — continue to draw foreign manufacturers exploring U.S. expansions. Korean firms have become particularly active investors in the Austin metro under these conditions.

 In addition, Williamson County approved the naming of ‘Gradient Street’ inside the district — marking the second roadway in Taylor named after a Korean company, following Samsung Highway.

The naming reflects the influence of Korea-based Gradient, parent company of iMarketKorea and one of the country’s early pioneers in e-commerce and tech-driven industrial innovation.

 A new node in Central Texas’ advanced manufacturing network

With Samsung’s Taylor campus, Tesla’s Giga Texas, and a steady influx of Asian and European manufacturers, Central Texas continues to gain traction as a strategic production base for global companies.

The Gradient Technology Park project adds another specialized entry point for Korean manufacturers pursuing U.S. market expansion — and positions Taylor as a key link in the region’s growing high-tech industrial corridor.

Catherine Wahrmund  amiangs0210@gmail.com