Lam Research Corp. to Invest Up to $1.7 Billion in Tualatin Following Tax Cut Agreement
Washington County and the City of Tualatin have agreed to tax cuts for Lam Research Corp. This agreement is expected to facilitate up to $1.7 billion in investment by the company in Tualatin by the year 2041.
Portland, OR, August 11, 2026 —
Washington County and the City of Tualatin have reached an agreement that includes tax cuts for Lam Research Corp., a move anticipated to enable significant investment by the semiconductor equipment manufacturer in the Tualatin area. The agreement, finalized between the county and the city, is set to facilitate up to $1.7 billion in capital investment by Lam Research by the year 2041.
The details of the tax reductions were not immediately available, but the accord is designed to encourage Lam Research to expand its presence and operations within Tualatin. This strategic partnership underscores a commitment from local government entities to foster economic growth and attract substantial business investment.
Lam Research, a key player in the global semiconductor industry, has operations that are critical to the manufacturing of microchips. The planned investment of up to $1.7 billion over the next two decades signals a long-term commitment to the region and is expected to have a considerable impact on the local economy. The specific areas of investment and the timeline beyond 2041 were not detailed in the summary.
This development comes as semiconductor manufacturing continues to be a focus for technological advancement and economic development. The agreement between Washington County, the City of Tualatin, and Lam Research Corp. represents a collaborative effort to secure future growth and technological capacity within the region.
Story summarized from the original created by Michaela Bourgeois on www.koin.com, see more information here.
