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iMarketAmerica Breaks Ground on Gradiant Technology Park Creating a Home for Samsung Suppliers and Companies that Seek a Partnership with Samsung
Globenewswire· 2025-12-08 18:42
Core Insights - The Gradiant Technology Park (GTP) is a 212-acre industrial park in Taylor, Texas, aimed at becoming a cornerstone for the next generation of industry in the region [1] Group 1: Project Overview - The groundbreaking ceremony for GTP took place on November 17, 2025, with notable attendees including Gradiant Group Chairman Kihyung Lee and iMarketAmerica CEO Incheol Kim [3][5] - GTP is designed as a platform for a future ecosystem where industries such as semiconductors, batteries, data centers, and AI converge, promoting collaboration among industry, education, community, and sustainability [8] Group 2: Strategic Partnerships - iMarketAmerica, the developer of GTP, is a key procurement partner for Samsung, attracting existing Samsung suppliers and those seeking to establish business relationships with Samsung [4] - The project aims to leverage iMarketAmerica's global supply chain expertise to support Texas Governor Greg Abbott's vision of "Bigger. Better. Texas" [8] Group 3: Economic Impact - GTP's first phase includes major infrastructure work and two initial facilities, with expectations of attracting dozens of companies and creating thousands of jobs in the coming years [9] - Williamson County Judge Steven Snell highlighted the importance of Gradiant's investment in strengthening ties with Korea, noting that over 300 Korean companies already operate in Texas [10] Group 4: Leadership Vision - Kihyung Lee, with a background in e-commerce, shifted Gradiant's focus from online shopping to global infrastructure and life sciences, positioning GTP as a key pillar in this strategy [6] - Lee emphasized the importance of building a collaborative ecosystem that supports local talent and small to mid-sized enterprises, aiming for sustainable industrial development that can expand across the U.S. and globally [8]
iMarketAmerica Breaks Ground on Gradiant Technology Park Creating a Home for Samsung Suppliers and Companies Seeking a Partnership with Samsung
Globenewswire· 2025-12-05 20:37
Core Insights - The Gradiant Technology Park (GTP) is a 212-acre industrial park aimed at becoming a cornerstone for the next generation of industry in Central Texas [1][7] - The project is backed by iMarketAmerica, which is focused on creating a collaborative ecosystem for industries such as semiconductors, batteries, data centers, and AI [7][8] - The groundbreaking event highlighted the importance of cross-border economic expansion and collaboration between local and Korean companies, particularly Samsung [4][9] Company Overview - iMarketAmerica is a B2B purchasing service provider that aims to achieve mutual growth with its customers through efficient processes and expertise in specialized distribution [11] - The company has been actively involved in the development of GTP, completing land subdivision, permitting, and infrastructure planning on schedule [8] Industry Implications - GTP is designed to support local talent and attract small to mid-sized enterprises, fostering a sustainable industrial development model that could expand across the U.S. and into global markets [7] - The project is expected to create thousands of jobs and attract dozens of companies in its first phase, indicating significant economic growth potential for the region [8]