$1.2 million capital investment in equipment and building improvements
Round Rock, Texas – The Round Rock Chamber announced today that Chatsworth Products, Inc. (CPI), a global information and communications technology (ICT) infrastructure and industrial enclosure business, will expand its manufacturing capabilities in Round Rock, Texas, through the lease of 33,922 square feet from owner and developer EastGroup Properties LP at Settlers Crossing building 2.
“Chatsworth’s investment in people and property is welcomed with open arms in Round Rock,” stated Round Rock Mayor Craig Morgan. “This high-tech firm will help write another chapter in our community’s success story of growing and diversifying the Round Rock economy.”
CPI plans to manufacture its power distribution product line at the Round Rock facility. The CPI Round Rock location will employ forty full-time employees, and the company plans to invest $1,200,000 in equipment and building improvements.
“The incremental growth and success of our intelligent power distribution product line throughout the years have placed the need for CPI to designate a location that can better support the manufacturing, assembly and quality testing of our electronics,” stated Ted Behrens, Executive Vice President, Global Engineering and Product Management of CPI. “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, Texas.”
CPI designs and manufactures ICT infrastructure products and industrial enclosures that protect information and communication technology equipment. Headquartered in the United States, CPI operates worldwide, including offices in Mexico, Canada, China, the United Arab Emirates, and the United Kingdom. CPI’s manufacturing facilities are located in the United States, Asia, and Europe.
“We are thrilled to have Chatsworth join our community,” said Nichole Vance, the chamber’s director of business attraction. “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.”
EastGroup Properties is currently under construction on two buildings at Settlers Crossing totaling 159,570 square feet. The buildings will be complete by the end of 2018 with CPI taking occupancy during the first quarter of 2019.
“We are very thankful that Chatsworth selected EastGroup and our state-of-the-art business distribution project, Settlers Crossing for its newest expansion. They are a great company and will be a great asset to the project and the Round Rock community,” said David Hicks, Vice President of EastGroup Properties.
Settlers Crossing’s master plan includes two additional buildings totaling 172,800 square feet for a grand total of four buildings with a combined space of 332,370 square feet at complete buildout.
About the Round Rock Chamber
The Round Rock Chamber is the economic generator for its thriving community. Honored with the 2018 Chamber of the Year Award by the Association of Chamber of Commerce Executives for its work in the Eight Pillars of Economic Generation and for its operational excellence, the chamber is the catalyst for building prosperity in Round Rock. The chamber initiates programs that create a dynamic business climate and improved quality of life through innovative community partnerships and invested business leaders. For more information visit, roundrockchamber.org