Washington, Oct. 23 -- Congressman Michael McCaul issued the following press release:

NAVASOTA, Texas - This week, House Foreign Affairs Committee Chairman Emeritus Michael McCaul (R-Texas) met with Grimes County Judge Joe Fauth III to discuss the development of SpaceX's Terafab semiconductor manufacturing facility, its potential to drive significant economic growth in the region, and opportunities for coordination among local, state, and federal officials. The proposed 100-million-square-foot facility - the biggest in the world - represents a major investment in American semiconductor manufacturing, with its first phase expected to bring more than $16 billion in investment and create approximately 3,000 jobs to Grimes County.

"Terafab pr...