Cedar Park 4A board approves funds for expansion project
Cedar Park economic development funds could help finish the expansion of a manufacturing warehouse after approval from the Economic Development Co., also known as the 4A Board, on Monday.
Members of the board unanimously approved an economic improvement agreement with ETS-Lindgren that is not to exceed $50,000. Phil Brewer, the city’s director of economic development, said the company, which produces control and monitoring devices for microwaves and radio waves, is adding on 12,000 square feet of warehouse to its facility at 1301 Arrow Point Drive. The expansion will bring back seven employees that are working out of leased space in Hutto.
“This continues to add to the potential to grow and add additional jobs in the future,” Brewer said.
Along with bringing the jobs back to Cedar Park, Brewer said the expansion will add $2 million in capital investment and $850,000 in increased inventory to the city’s tax roll.
Brewer said the company ran into some unexpected infrastructure costs that put the project over budget. The project is expected to be finished by December.
Brewer said the city’s economic development department works to provide existing manufacturers the same opportunity as we have new companies coming in and “not forget about them.”
“We are constantly checking in on them. We do business retention and expansion visits to them a couple of times a year and feel the pulse,” he said.
Board member Karen Wind said the expansion would be a benefit to the city.
“If we can bring those seven primary jobs back to Cedar Park, that’s a good thing,” she said. “I think that’s in line with our mission.”
The contract will now go before City Council for final approval.