US Foods Holding Corp is considering a significant expansion of its operations in Buda, with an estimated investment of $120 million. However, this potential move is dependent on the company receiving public incentives. Hays County has proposed offering rebates on property taxes and sales tax to US Foods as part of the deal. In return, the company would be required to invest $120 million into building improvements and additional equipment at their site.
The town of Buda has also expressed interest in providing incentives for this expansion project, with a maximum amount not exceeding $1.5 million. According to reports from The Austin Business Journal, US Foods is looking at expanding their current facility located at 2150 Fire Cracker Drive by an additional 170,000 square feet.
US Foods first established its presence in Buda back in 2011 when they moved into their current facility spanning over 305,000 square feet. Currently employing approximately 100 workers at this location alone; if the proposed expansion goes through successfully; it could potentially create job opportunities for another estimated165 individuals.
As one of the largest food-service distributors globally; US foods partners with more than250 thousand restaurants and food-service operators worldwide while boasting over70 broad-line locations across various countries such as North Americaand Europe.Their workforce comprises around30 thousand employees who work tirelessly towards ensuring that customers receive top-notch services consistently.
In summary:
– US Foods Holding Corp may expand its operations in Buda by investing $120 million
– Public incentives are necessary for this move
– Hays County proposes rebates on property taxes and sales tax
– The town of Buda may offer up to $1.5 million worth of incentives
– Expansion plans include adding170k sq ft onto existing facility (currently305k sq ft)at2150 Fire Cracker Drive
– This could potentially create jobs for165 individuals
– As oneofthe world’slargest food-service distributors, US Foods partners with over 250k restaurants and food-service operators
– They have70 broad-line locations globally and employ30k workers.
