SunPower Corp. will invest $10 million to establish a new U.S. operations facility in Austin, Texas. The Texas Enterprise Fund (TEF) is supporting the expansion with a $2.5 million investment. The company will create 450 jobs.
"We applaud Governor Perry, Mayor Leffingwell, and state and city officials who are aggressively working to offer SunPower economic incentives to expand our operations to Austin and create hundreds of jobs," said SunPower CEO Tom Werner. "Texas has great potential to become a significant solar market. If policies creating a stable solar market across Texas are enacted, this commitment by SunPower could be the start of significantly more investment and job creation in the state by the rapidly growing solar industry."
SunPower designs and manufactures solar technologies for a global power plant clientele in the residential and commercial utility-scale markets. The new Austin facility will house marketing, legal, finance, and accounting services.