Compal Plans $235 Million Investment in Taylor and Georgetown Facilities

Compal Plans $235 Million Investment in Taylor and Georgetown Facilities
Compal Plans $235 Million Investment in Taylor and Georgetown Facilities

**Compal USA Technology to Invest $235 Million in Taylor and Georgetown Facilities**

Compal USA Technology has unveiled plans to create approximately 1,000 new jobs across two major facilities in Central Texas. The company will lease a manufacturing site at 1069 FM 3349 in Taylor, where it expects to hire 900 employees. Additionally, it will establish a service center at 1800 Aviation Drive in Georgetown, which will create another 100 jobs. Together, the two projects cover more than 575,000 square feet and represent a total investment exceeding $235 million.

Known for manufacturing electronics such as computers, tablets, and smartphones for major brands including Apple, Alphabet, Dell Technologies, and Toshiba, Compal aims to significantly expand its U.S. footprint with these developments.

The Taylor facility will be leased and developed into a major manufacturing site. Compal plans to spend $65.7 million for the lease and allocate at least $200 million toward facility improvements, machinery, and equipment. The Georgetown service center will see an investment of $28.4 million.

To support the expansion, both Taylor and Georgetown are preparing to vote on a combined $6.2 million incentive package. The performance-based deal includes a 50% abatement on the taxable value of improvements and tangible personal property over 10 years, along with a rebate on city and economic development corporation (EDC) construction taxes.

This investment marks a significant boost for the region’s economic growth and job creation, signaling Compal’s long-term commitment to Central Texas.

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