Oracle America Invests $5.4 Million In Austin, Texas, Expansion
11/04/2013
"We are expanding our presence in Texas because we've been impressed with the quality workforce and growth opportunities here," said Oracle Vice President of Real Estate and Facilities Randy Smith. "With this new investment we will be better equipped to meet customer demand while bringing new technology jobs to the state of Texas."
Oracle provides customers with hardware and software engineered to work together in order to meet their business needs. The company employs workers across Texas, including many based in Austin in sales, marketing, management, data center operations and software development roles. The new expansion will add sales and marketing personnel to Oracle's Austin workforce.
As an incentive Gov. Rick Perry’s Office said the state is providing $1 million through the Texas Enterprise Fund “to close the deal on this expansion and job creation. Execution of the state's agreement is contingent upon finalization of a local incentive offer as required by program criteria.”
"The Texas model of success, centered on low taxes, smart regulations and fair courts, helps us remain a national leader in job creation," Gov. Rick Perry added. "Businesses looking to expand or relocate their operations continue to look to Texas, thanks to our commitment to conservative economic principles and our track record of success. The TEF's investment in Oracle will help bring hundreds of jobs and opportunity to Texas families and stimulate the local and state economy."
Article Discussion
Most Read
-
-
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019
-
Front Line: Manufacturers Look to Nontraditional Locations
Q3 2019
-
A Changing Food Manufacturing Industry
2017 Food Processing
-
33rd Annual Corporate Survey & the 15th Annual Consultants Survey
Q1 2019
-
The 3 Cs of Successful Site Selection: Company, Culture, and Community
Q2 2019
-
Where to Invest in the Booming Aerospace Manufacturing Industry
2019 Auto/Aero Site Guide