Business & Tech
240 Tech Will Create 35 New Jobs With $80K Salary In Cedar Park
The California-based digital garment-printing company plans to build its second headquarters in Cedar Park, which will create 35 new jobs.
CEDAR PARK, TX — 240 Tech, a California-based digital garment-printing company, plans to build its second headquarters in Cedar Park, which will create about 35 new jobs, officials said.
Cedar Park City Council unanimously approved an economic development performance agreement with the company on Thursday. Per the agreement, the company must lease a Cedar Park facility with an investment of at least $225,000.
The company will also create 35 jobs in Cedar Park with an $80,000 average salary, authorities said.
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The city’s part in the agreement totals $129,680, including a tenant improvement finish out, a one-year membership to the chamber of commerce and $2,500 employee relocation bonuses to the first 25 full-time employees who buy a Cedar Park home, according to city officials.
Officials said 240 Tech chose to expand to Cedar Park from Santa Ana California and will lease and operate a 9,240 square-foot facility in La Jaita Business Park.
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The company recently deployed Ovaljet, an industry disputing direct-to-garment (DTG) printer that produces over 300 full color digital prints per hour on dark garments.
This secondary headquarters expansion will be a research and development facility, authorities said.
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