Thermasol has acquired 27 acres of land in the city in a business park that will house their new global headquarters. The company is about to break ground on the first of six planned buildings, each between 30,000 to 50,000 square feet, to be constructed in the business park.
Thermasol will be investing $3.5 million into the project, and plans to bring 45 new jobs to Round Rock as a start, and possibly increase the number of jobs to 60. The company is receiving $400,000 in Round Rock economic development incentives.
Ben White, the Round Rock Chamber’s vice president for economic development, said in a release that the community will really benefit from having a world-class business such as Thermasol. White added that having true shovel-ready sites to offer to other companies is an amazing bonus that will really open the door to further development and announcements.
The Texas Economic Development Council received submissions from 23 member communities across five population categories, all seeking to be named as the CEDA winners.
The submitted projects are judged based on five criteria including community commitment and leverage, innovativeness, measured objectives, transferability, and ancillary benefits to the community.
The CEDA winners for all five population categories will receive their awards at an awards luncheon on Oct 2 during the TEDC Annual Conference in Houston (Oct 1-3, 2014).
Apart from the luncheon, the conference at the Omni Houston Hotel also includes general and breakout sessions on numerous economic development trends and topic of interest, in addition to two peer group roundtables and two networking receptions. The conference theme this year is “Attracting, Retaining and Training Talent: Workforce Development for Economic Success.”
The TEDC Annual Conference is recognized by the International Economic Development Council and counts as professional development training for Certified Economic Developers (CEcD) recertification.