Small Town Manor Staying Mum About Rumored Tech Plant

The rumor mill is in overdrive in Manor, Texas. The town of only 18,000 people is getting a lot of buzz because a multi-billion dollar Chinese industrial laser business has reportedly purchased 262 acres in the town. The buyer can be traced to the Hans Laser Corp. The company is a manufacturer of laser cutting and laser welding machinery with a market capitalization on the Shenzhen Stock Exchange of about $4.6 billion.

The Austin Business Journal says speculation is centered around the company building a large manufacturing facility to supply a number of high tech Austin manufacturers. Han’s say it’s a supplier to Samsung, NXP and Infineon, all who have an Austin presence.

Public officials confirm the company has discussed plans for industrial space in the town with mixed-use space coming later that could support 1,000 jobs. The town says it hopes to have an announcement soon.