Cedar Park has approved performance-based economic incentives for two manufacturing firms that plan to establish operations in the city and collectively invest more than $40 million in their facilities and equipment. The agreements are designed to link public support to specific capital spending and job creation thresholds over a defined timeline.
According to Community Impact, Machine Sciences Corporation, an Oregon-based manufacturer with existing operations in Florida, is one of the companies selected to receive incentives. The firm produces complex, high-precision components used in space, aerospace and defense applications. Its product mix includes parts for satellites, unmanned aerial vehicles and advanced defense systems, aligning the company with both commercial and government-related demand in those sectors.
Under the terms outlined by the city, Cedar Park will provide Machine Sciences with up to $1 million in incentive payments. Those funds are contingent on the company investing $32 million at a Cedar Park facility by 2034 and creating 70 jobs. The structure ties the size and timing of the public support directly to the scale of the company’s local capital outlay and hiring, rather than offering upfront subsidies.
The second incentive package is directed to Elite Metal Finishing, which specializes in services that support commercial, military and aerospace customers. The company’s offerings include chemical processing and plating, painting, non-destructive testing and parts marking, positioning it as a key player in the treatment and finishing of components used across multiple aerospace and defense supply chains.
For Elite Metal Finishing, Cedar Park has agreed to provide $750,000 in incentives if the company meets its investment and employment commitments. The agreement calls for Elite Metal Finishing to spend $10 million and add 170 employees, again linking public payments to verifiable capital expenditures and job creation. The incentive structure mirrors that of Machine Sciences by emphasizing performance thresholds rather than guaranteed subsidies.
Both Machine Sciences and Elite Metal Finishing plan to lease space at the Cedar Tech I development, located near the northern border of Cedar Park. By concentrating two advanced manufacturing users within the same project, the incentives are expected to anchor new industrial activity at Cedar Tech I and support long-term occupancy at the property. The agreements highlight Cedar Park’s effort to attract high-precision, aerospace-related manufacturing firms through targeted, performance-based economic development tools.
