PulseForge to Invest $20 Million to Expand Semiconductor Equipment Manufacturing in Round Rock, Texas

The Round Rock City Council approved on October 22, 2026 an economic incentive agreement with PulseForge, Inc. that will result in at least $20 million in new investment and at least 60 new jobs with average annual salaries of $100,000.

Semiconductor packaging equipment

PulseForge is a Round Rock-based maker of semiconductor manufacturing equipment and digital thermal processing technology, focused on next-generation semiconductor packaging. Originally part of NovaCentrix, it operates a 56,000-square-foot facility at 400 Parker Drive with about 50 employees. The company is evaluating whether to expand its existing operations or develop a new manufacturing facility within Round Rock.

Investment milestones

The agreement requires at least $6 million in real property improvements and $14 million in business personal property, with $10 million invested by the end of 2029 and another $10 million by the end of 2031. PulseForge must add 20 jobs by the end of 2029 and 40 more by the end of 2031. The city will pay $600,000 in performance-based incentives. The company is also pursuing CHIPS Act and Texas Semiconductor Innovation Fund support.

Jonathan Gibson, CEO of PulseForge said:

“Our expansion will build on that global leadership, creating high-skilled jobs and strengthening Texas’ role in the semiconductor supply chain.”