San Marcos startup could add 350 jobs, depending on incentives

Dec 29, 2014
Austin Business Journal

San Marcos City Council is looking to attract 350 new jobs to the city with a new economic incentive agreement with United WELD Operations LLC, reports the San Marcos Mercury


Under the terms of the agreement, the company is required to hire 350 new full-time employees by the end of 2019 and keep them on staff through 2025


The jobs are expected to have a medium wage of more than $40,000 per year. The metal fabrication company is expected to make a $15 million capital investment in its new space in a former factory, the report said


The company is also looking for an incentive from the Hays County Commissioners Court, which will consider a 10-year, 80 percent property tax rebate on the company's San Marcos investment



Print Article opens in new window