HID Global Invests $35 Million In Austin, Texas, Manufacturing And Distribution Complex
HID Global's new facility, at 601 Center Ridge Drive in Austin, will be the company's future operations center for North America that will produce and distribute a variety of identity and access management products.
"Texas is an ideal location for investing in the construction of our new state of the art facility, thanks to its business-friendly climate and state and local incentives," Rodney Glass, HID senior vice president of Global Quality and Operations said. "And the City of Austin represents a robust resource base of people and services that will provide an excellent platform for scaling our operations to support the future growth of our business."
Gov. Rick Perry said as an incentive the Texas Enterprise fund will award $1.9 million to the firm to spark its investment. "Employers know they can come to Texas to create jobs and opportunity because we've kept our taxes low and regulations predictable, and made sure our courts are fair and our workforce is skilled and educated," Gov. Perry said. "This TEF investment will create a job and livelihood for more than 230 Texans, and adds HID Global Corp. to the long list of world class employers that have chosen to do business in Austin."
Gov. Perry added the state's Texas Enterprise Fund has become one of its most competitive tools to recruit and bolster business. Later this month, Austin City Council will consider awarding about $920,500 in tax incentives to California-based subsidiary of Swedish firm Assa Abloy. The Governor's office said the TEF agreement is contingent upon finalization of local incentives.
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