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Texas Community Economic Development Award Goes to Round Rock Chamber

by: Economic Development HQ

ROUND ROCK, Texas – The Texas Economic Development Council has named the Round Rock Chamber as a winner of the Community Economic Development Award (CEDA) in the category of cities with populations above 100,000.This award from the TEDC is meant to recognize exceptional economic development contributions by Texas communities.

The Round Rock Chamber of Commerce and Economic Development Partnership was named as the CEDA winner in the category of cities with populations between 100,001 and 250,000.

Round Rock won the award for recruiting Thermasol, which develops and manufactures steam showers and saunas used in homes, hotels, spas and resorts. The company is relocating its headquarters from Simi Valley, CA to the City of Round Rock.

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.

Source: http://www.economicdevelopmenthq.com/blog/