VISA USA Plans Global IT Center in Austin, Texas, Estimated To Create Almost 800 Jobs
11/22/2012
"Visa is continually looking for opportunities to add world-class talent to our organization," said Will Valentine, a Visa spokesperson. "Austin offers a vibrant technology community and business-friendly climate, and we are working closely with local officials to finalize an agreement.
Gov Rick Perry’s Office said in exchange for Visa's commitment to create these new jobs, the state has offered the company $7.9 million through the Texas Enterprise Fund Execution that is contingent upon finalization of local 10-year performance based incentives of about $1.56 million which is awaiting approval by Austin City Council. Its new facility will be located at Research Park III, 12301 Research Blvd. in Austin.
"Here in Texas, our commitment to low taxes, reasonable regulations, fair courts and equipping a skilled workforce have kept our state at the forefront of job creation," Gov. Perry said. "Texas is competing nationally and internationally for jobs and we want companies who are looking to expand or relocate to consider the Lone Star State first and all we have to offer. Visa's decision to build a new global IT center in Austin is a great fit with our skilled workforce and Central Texas' reputation as a hub for high tech companies."
Project Announcements
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024