Thursday, December 20, 2018

Round Rock nets tech manufacturer bringing 40 jobs, $1.2M investment - Austin American-Statesman

An international information technology business is expanding its manufacturing capabilities in Round Rock, a move officials said will bring 40 full-time employees and a $1.2 million investment to the city.

The expansion by Chatsworth Products Inc. will garner two $25,000 grants from the city over the next three years if the company meets obligations through an economic development deal with the city and Round Rock Chamber.

Nicholas Vance, Chamber director of business attraction, lauded Chatsworth Product’s expansion into Round Rock.

“They are a successful, 100 percent employee-owned business that we feel will be a great addition to Round Rock as we continue to diversify and expand our business community," he said.

Mayor Craig Morgan said the company's move aligns with the city's goal of a diversified local economy and will provide good local jobs.

“Chatsworth’s investment in people and property is welcomed with open arms in Round Rock," he said. "This high-tech firm will help write another chapter in our community’s success story of growing and diversifying the Round Rock economy.”

Chatsworth provides products and services for global information and communications technology, including various cabinets and enclosures for servers, wall-mount systems and power distribution units.

The company has a corporate office in California with facilities in Georgetown; Chatsworth, California; and New Bern, N.C. International company offices are located in Mexico City, Toronto and in England, China and United Arab Emirates.

Ted Behrens, Chatsworth Products executive vice president of global engineering and product management, said success in the company’s power distribution product line created a need to open a new location to better support manufacturing, assembly and quality testing of its electronics.

“Round Rock is in a strategic location, providing quick access for shipments and deliveries, and is just a few miles from our Research, Development and Training Center in Georgetown,” he said in a Chamber news release.

The company is set to lease 33,922 square feet of commercial space in the Settlers Crossing business complex at 900 Old Settlers Blvd. EastGroup Properties is currently constructing two buildings totaling 159,570 square feet at the complex, with Chatsworth Products scheduled to move into the new facility by the first quarter of 2019, according to the Chamber.

The master plan for Settlers Crossing includes an additional two buildings with 172,800 square feet of commercial space. Once built out, the complex will have four buildings totaling 332,370 square feet.

Through a deal with the Chamber and city, Chatsworth is set to receive two $25,000 grants — one in April 2020 and another in April 2021 — if it leases the the facility and retains 40 full-time employees. Round Rock City Council members approved the incentives deal during its final meeting of the year Thursday night.

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