The Bryan based regional economic development agency that includes Grimes County has talked with officials at SpaceX for two months about the proposed semiconductor manufacturing and advanced computing fabrication facility at Gibbons Creek lake. The president of the Greater Brazos Partnership (GBP), Tom Johnson, told officials from Bryan and College Station at the May 18 meeting of the Brazos County intergovernmental committee (IGC) that Grimes County is not a lock for what could be a $174 billion dollar project. Johnson also said the Space X numbers are bigger than Samsung’s operations in Taylor. A strategic economic analysis by the GBP projects that the operational phase of the SpaceX facility alone will generate a total economic output exceeding $2 billion over its first ten years. That’s based on the initial construction phase of $119 billion dollars…a figure that could rise to $174 billion. The GBP’s ten year forecast of SpaceX operations also shows: The regional economic output driven by the facility is projected to reach over $2 billion cumulatively by 2038. Local workers are projected to see a cumulative $1 billion in earnings over the first decade of operations. The project scales in phases, growing to more than 2,000 regional jobs sustained by the facility’s operations by year ten. By 2038, the project is expected to contribute over $350 million in economic output annually to the regional economy. Click below to hear comments from Tom Johnson at the May 18, 2026 Brazos County IGC meeting. Listen to “Brazos County Officials hear a presentation about the proposed SpaceX complex from the President of the Greater Brazos Partnership” on Spreaker. News release from the Greater Brazos Partnership: Following the announcement of the potential SpaceX Terafab semiconductor facility in Grimes County, the Greater Brazos Partnership has conducted a strategic economic analysis detailing the transformational benefits the project will bring to the regional economy. The Partnership’s study projects that the operational phase of the facility alone will generate a total economic output exceeding $2 billion over its first ten years. This analysis focuses exclusively on the long-term, day-to-day operations of the facility. It is important to note that these figures do not include the additional, massive economic infusion expected during the initial construction phase of the $119 billion project, which will represent one of the largest capital investments in Texas history. “We have been in conversations with SpaceX,” said Tom Johnson, President and CEO of the Greater Brazos Partnership. “Our own independent analysis confirms that this isn’t just a national security priority; it is a generational economic engine for working families across the Greater Brazos region. Over a ten-year period, we expect the operations alone to pump nearly $1 billion in cumulative earnings directly into the regional workforce — wages that will strengthen households and communities across the region. When you combine these operational totals with the staggering scale of the initial construction investment, the impact is transformative at a scale that could only happen in Texas.” Key findings from the Partnership’s 10-year operational forecast include: • The regional economic output driven by the facility is projected to reach over $2 billion cumulatively by 2038. • Local workers are projected to see a cumulative $1 billion in earnings over the first decade of operations. • The project scales in phases, growing to more than 2,000 regional jobs sustained by the facility’s operations by year ten. • By 2038, the project is expected to contribute over $350 million in economic output annually to the regional economy. “The Terafab represents a fundamental shift in our regional economic trajectory,” Johnson added. “While the $119 billion construction and infrastructure phase will provide a massive immediate boost, it is the $2 billion in sustained operational output that will ensure the Greater Brazos region remains a global leader in the semiconductor supply chain for decades to come.”