Texas Instruments
Texas Instruments was founded by Cecil H. Green, J. Erik Jonsson, Eugene McDermott, and Patrick E. Haggerty in 1951. McDermott was one of the original founders of Geophysical Service Inc. (GSI) in 1930. McDermott, Green, and Jonsson were GSI employees who purchased the company in 1941. In November, 1945, Patrick Haggerty was hired as general manager of the Laboratory and Manufacturing (L&M) division, which focused on electronic equipment. By 1951, the L&M division, with its defense contracts, was growing faster than GSI's Geophysical division. The company was reorganized and initially renamed General Instruments Inc. Because there already existed a firm named General Instrument, the company was renamed Texas Instruments that same year. From 1956 to 1961, Fred Agnich of Dallas, later a Republican member of the Texas House of Representatives, was the Texas Instruments president. Geophysical Service, Inc. became a subsidiary of Texas Instruments. Early in 1988 most of GSI was sold to the Halliburton Company.
Stafford, Texas
Texas Instruments (TI) operates a production facility in Stafford, where it manufactures wafers used in cell phones, high-definition televisions, and solar devices. The plant first opened in 1967. In 2009, TI, which had around 1,500 employees in its Stafford office during that year, was the largest employer in the city. In 2012, the company announced it is closing its Stafford plant because industry demand for larger, more efficient wafers increased and the company, in lieu of upgrading the Stafford plant to accommodate production of larger wafers, opted to shift production to newer plants. Of the 1,000 employees at the plant during that year, TI laid off 500 and sent 500 to another facility. Leonard Scarcella, the Mayor of Stafford, said that the closure would adversely affect Stafford.